Business Summary:
This listing is a live music venue with a full bar that attracts local, national, and international talent within the music industry. The establishment caters to fans of all types of music. The world-class sound of the club and its friendly down to earth environment allow the fans to meet their favorite artists up close and personal before and after their performances. The owner loves his business and wants to see a motivated owner step in and continue to be successful. The owner is currently only open for 1 or 2 shows a week and does not open the doors apart from show times, leaving a tremendous amount of potential for a new owner to increase the number of shows and/or hours of operation. Extra income is easily available to any owner who wishes to work the bar.
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| Year
Business was Established: 50 |
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| Number of Employees:
8 part-time |
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| Facilities / Terms of Lease:
The business holds between 200-300 people. The building included in the sale has 6 apartments located above the business which will bring in $25,000+ when fully occupied. |
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| Potential
Growth/Expansion:
The owner has operated at an average of 4 shows a week in the past and had made $150,000/yr. The opportunity is there to expand hours. |
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| Competition:
There are other bars in the area, but this business established itself as a live music venue. |
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| Owner
willing to finance:
Seller will finance sale of the business |
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| Owner
willing to train:
Seller will help schedule more shows so that the new owner can reach their desired income. |
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| Reason for selling:
Retiring. The owner wants to spend more time with family. Owner has other investments that could be managed from home. |
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Seller Reference Number: 4181-316
BusinessMart.com Listing Number: 59420 |
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