Business Summary:
Bi-level, European style luxury establishment situated in the heart of Center City-Rittenhouse Square area.SPORTS bar on first floor, club on second floor. If you know Rittenhouse you you know this area is very hot. Many Nightclubs,and Upscale dining spots in area!. Amazing sound system on both floors. Valet parking permit in place, 5 restrooms, Outside seating permit. Many private party bookings, Monthly Rent: $19,600 plus, triple net lease. Deposit needed for rent, liquor license, Owner would take on a working partner- negotiable.Owner is franchising other bars nationally and doing consulting work.
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| Year
Business was Established: 2003 |
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| Number of Employees:
ftFT 4, pt: 15 |
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| Facilities / Terms of Lease:
Sports bar, Total club over 11,000 Square feet, First floor lounge offers a 7 TV's relaxed environment, cafe bar tables, pool table area, and daily happy hour events. The second floor lounge features mahogany and mirrowed accents, a large dance floor, and spacious seating. Private locked liquor lockers. Rare varieties of tequila and many other unique specialty drinks.Club offers a private entrance that leads to a private VIP lounge. Monthly Rent: $18,600 plus $1000 taxes. |
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| Potential
Growth/Expansion:
Potential for Growth: Yes,yes,yes... Lounge ready for new owner and possible re-concept, R liquor license. |
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| Competition:
Great area for club, dining, and evening entertainment.Heart of the city, Rittenhpuse area. |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
Management will stay: For a period of time, and to be negotiated.Owner would consider taking the right partner ($200,000). 60/40 |
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| Reason for selling:
Owner is burnt out.. Bar owner for over 35 years. Going on to Design and consult |
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Seller Reference Number: PRG1018
BusinessMart.com Listing Number: 36206 |
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