Lakewood Area Cocktail / Dive Bar – Absentee Operated!

Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$32,000

Inventory$3,000
Included in asking price
FF&E$48,000
Included in asking price
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Lakewood Area Cocktail / Dive Bar – Absentee Operated!


Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$32,000

Inventory$3,000
Included in asking price
FF&E$48,000
Included in asking price
Business Description
A lively Lakewood area neighborhood hangout, this local bar offers a relaxed yet energetic atmosphere with live entertainment permitted 7 nights per week for DJ an karaoke. DJ nights, karaoke, live bands, and big-screen sports. Known for its tap beer selection, quality wines and spirits, and generous happy-hour specials -including all-day deals on select days - it’s a favorite spot for everything from casual weeknight drinks to high-energy weekend events. Open late and blending dive-bar comfort with stylish touches, it draws a loyal crowd for its welcoming vibe and nonstop entertainment.
About the Business
Years in Operation
32
Facilities & Assets
This 2,278 SF location will lease for $4,500 per month on a new 5 year lease with one 5 year option to extend. All of the venue’s furniture, fixtures, equipment and Type 48 Liquor License will be included in the sale. An estimated $3k in inventory will be sold at cost at close in addition to purchase price. The venue boasts a recent $350k remodel, with full plumbing and electrical being renovated down to the studs.
Market Outlook / Competition
Nearby venues often attract patrons with themed nights, pool tables, and late-night hours, appealing to the same crowd looking for a laid-back yet social atmosphere. However, many competitors lack the combination of consistently rotating events, upscale touches, and wide drink selections, giving this spot an edge in standing out within a densely packed bar scene.
Opportunities for Growth
As the venue is absentee operated, it could benefit from a hands on owner-operator with hospitality industry experience, and potentially, extended hours. The bar’s strong following for its energetic nightlife, themed entertainment, and diverse drink selection opens up multiple avenues for growth -ranging from hosting larger-scale events to expanding hours or partnering with local brands and artists.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,578
Rent
Not Disclosed
About the Sale
Seller Motivation
Personal
Transition Support
Seller will train for 2 weeks at 20hrs per week or as negotiated.
Listing Info
ID
2385141
Listing Views
739

Contact Seller

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Business Listed by: Ryan Clark The Veld Group

Listing ID: 2385141 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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