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Bar And Night Club In Philadelphia County For Sale

Philadelphia County, Pennsylvania, US
Asking Price:
$1,100,000 (USD)
Sales Revenue:
$840,000 (USD)
Cash Flow:
$250,000 (USD)

Well-established bar and club for sale. Includes liquor license, entertainment license, R liquor license, hookah license, and cabaret license, of which there are only 17 in Philadelphia. Liquor License alone is worth 250,000. The bar is open seven days. The owner recently converted the dance area into another bar and lounge. Recently around $350,000 was spent on improvements. The property is being sold for $500,000 directly from the owner. Owner is also considering a partnership. The building has three floors, which are 6,400 square feet. This can be an excellent source of rental income.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us or call us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Retirement

Employees:
1FT/4PT
Years established:
2002

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

1,100,000.00 Down & Potential Financing for a Qualified Buyer. Property for sale separately through the seller for an additional $500K.

Furniture / Fixtures value:
$30,000 (USD)
Inventory / Stock value:
$6,000 (USD)

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