Business Summary:
Destination Bar and Nightclub with Beer Garden potential For Sale in Racine, Wisconsin. Live DJs, theme nights, private parties. Current investor/owner purchased property in 2005 and invested in total rehab. Class B Liquor license includes 42 x 128’ outdoor patio area that has been used for private parties and has excellent potential to be developed into a permanent beer garden. Property includes airy second-floor, three-bedroom apartment with full bath, washer & dryer, and fully-equipped kitchen with Jenn-Aire stainless steel appliances.
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| Year
Business was Established: 2006 |
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| Number of Employees:
2 FT/3 PT |
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| Facilities / Terms of Lease:
Rental unit upstairs with an airy 3 bedroom apartment. About $900/mo income. |
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| Potential
Growth/Expansion:
Current owner could put Internet to greater use. Draws crowds via entertainment options and drink specials; additional local advertising on Internet and by means of email could help to keep public and loyal clientele informed. |
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| Competition:
Prices are in line with other local establishments. Popular Disc Jockey is draw for large weekend crowds. Dancing, Pool league, gaming machines also popular attractions. |
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| Owner
willing to finance:
Most businesses qualify for 401K/IRA Funding Without Penalties. |
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| Owner
willing to train:
Current owner actively manages the day-to-day operations of the business and is willing to assist in transitioning the business to the new owner. |
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| Reason for selling:
Seller would like to invest in new opportunities |
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Seller Reference Number: 4181-255
BusinessMart.com Listing Number: 51035 |
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