Turn Key High-end Lounge

Undisclosed Address, Omaha, NE
Business Opportunity for Sale
Catylist Listing ID: 30327554
Property Subtypes: Food and Beverage
Building Size (RSF): 2,405 SF
Sale Price: $245,000
Year Business Established: 2015
Gross Revenue: $500,000 (Annual)
Cash Flow: $75,000 (Annual)
Sale Terms: Cash to seller
Last Updated: 8/29/2018

Overview / Comments

Turn Key Opportunity
Popular high-end lounge/bar with prominent signage located in an established and bustling retail center. Ample parking and outside patio. All FF&E and inventory included. With a solid base of regulars, this is a destination favorite for West Omaha neighborhoods for over 7 years.

The beautiful environment makes it a great place for guests to enjoy happy hour, watch their favorite sports or listen to live music. Great sales with plenty of growth potential!

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: Owner wishes to pursue other interests.
Value of Inventory Included ($): $10,000
Value of Furniture, Fixtures, and Equipment ($): $67,350
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 2,405 sq ft facility with lease expiring September 2021(lease extension or renewal available).
Employee/Labor Description: 12 employees
Mgmt/Training Support Description: Owners are willing to stay on for a reasonable transition period for the new owner.
Competition/Market Description: Minimal competition is located within the immediate trade area.
Growth/Expansion Opportunities: Great sales potential and expansion possibilities into other markets has not been realized. Food service and private events marketing would bring additional revenue.

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Contact

Photograph of Listing Agent

Scott Mingus

RE/MAX Commercial Midwest
MRCIE Member
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