Hot Listing
Cocktail Bar - Type 48 License - Low Rent - Limited Competition
Business Description
A profitable, well-established cocktail bar is now available for purchase in a highly desirable area known for strong foot traffic and excellent neighborhood visibility. The bar holds a rare Type 48 liquor license and comes with a favorable 10-year lease, including two years at a fixed low rent of just $2,600 per month and an additional five-year extension at the same rate. There are no NNN (triple net) charges, making this an especially cost-effective opportunity.
The inviting two-story space features a warm, modern interior, a spacious outdoor patio, and entertainment amenities including two pool tables and a newly upgraded Matrix audio system. The current owner has invested over $100,000 in capital improvements, creating a turnkey operation ready for a new owner. With limited operating hours, the business is ideal for a lifestyle buyer or an operator looking to expand existing holdings. It is easily manageable, with the seller currently working only limited hours.
Financially, the bar is well-positioned, with monthly expenses including labor at $10,500, pouring costs averaging 25% of sales ($15,000), utilities at $900, entertainment at $2,500, and insurance at $450.
The established customer base, combined with strong social media presence and positive reviews, supports consistent traffic and revenue. Seller financing is available with 50% down, making this a rare opportunity for an owner-operator, mixologist, or investor seeking a streamlined entry into the bar business.
Listing: 5629 NK
The inviting two-story space features a warm, modern interior, a spacious outdoor patio, and entertainment amenities including two pool tables and a newly upgraded Matrix audio system. The current owner has invested over $100,000 in capital improvements, creating a turnkey operation ready for a new owner. With limited operating hours, the business is ideal for a lifestyle buyer or an operator looking to expand existing holdings. It is easily manageable, with the seller currently working only limited hours.
Financially, the bar is well-positioned, with monthly expenses including labor at $10,500, pouring costs averaging 25% of sales ($15,000), utilities at $900, entertainment at $2,500, and insurance at $450.
The established customer base, combined with strong social media presence and positive reviews, supports consistent traffic and revenue. Seller financing is available with 50% down, making this a rare opportunity for an owner-operator, mixologist, or investor seeking a streamlined entry into the bar business.
Listing: 5629 NK
About the Business
- Years in Operation
- 30
- Employees
- 11
About the Sale
- Seller Motivation
- Wants Large Business
- Financing Options
- Seller financing available - Note Amount: $150,000 / 7% Rate / 36 Payments of $4,632
Listing Info
- ID
- 2226094
- Listing Views
- 2960
Attached DocumentsAttachment Disclaimer
Listing ID: 2226094 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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