Description of the business for sale
Cocktail lounge (type 48) been in same family over 35 years. Current owners inherited business couple years ago and are Not knowledgable operators.Seller Operates all help run. A knowledgable operator can easily net over $150K / yr. Buyer needs to control pouring costs, restructure the payroll and control entertainment costs. Lots of potential for increased net profit. Buyer could also add kitchen and light food. Great opportunity with lots of build-in growth in the area.
Support / Training provided by seller
Seller will Train
Description of the facilities
Located in 2091 sq ft retail space in growth area