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  • RE:  Vibrant Nightlife Hotspot In Salt Lake County
  • Contact:  Mike &

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $3,498,449
Net Profit: $568,665
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $680,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 36
BBN Listing #: 948376
Broker Reference #: 286-23314

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Business Overview:

This well-established bar and nightclub in Salt Lake County offers a vibrant atmosphere, a dedicated clientele, and a proven track record of success. Featuring a diverse menu, signature cocktails, and top-notch entertainment, this unique multi-level venue caters to a wide audience. Its longstanding success and prime location on a bustling main street create a solid foundation for continued growth, making it an excellent opportunity for a buyer seeking a thriving business in a dynamic market.

Housed in a beautifully renovated 19th-century building, the bar boasts a loyal customer base and a reputation for exceptional food, drinks, and entertainment. The venue's unique atmosphere seamlessly blends classic charm with modern style, ensuring a memorable experience for all patrons. This is a fantastic opportunity to acquire a successful business with significant growth potential.

This thriving establishment is known for its:

1. Diverse Menu: From creative small plates to signature entrees, the menu caters to a variety of palates.

2. Top-Notch Beverages: Featuring a curated selection of local craft beers, handcrafted cocktails, and distinctive wines, there's something for every taste.

3. Live Entertainment: This establishment offers a lively atmosphere with regular DJ performances, perfect for socializing and enjoying the night.

4. Prime Location: Situated on a well-trafficked main street, the bar enjoys excellent visibility and easy access for customers.

Competitive Advantages:

1. Longstanding Clientele: Years of consistent service have built a strong and loyal customer base.

2. Prime Location: High foot traffic and convenient access ensure a steady stream of patrons.

3. Proven Track Record: A history of success demonstrates the bar's strong appeal and profitability.

4. Unique Atmosphere: The historic building and multi-level layout create a memorable experience for guests.

5. Diversified Revenue Streams: Food, drinks, and entertainment contribute to a healthy

For more detailed information, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.

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Property Features and Assets:

This is a leased location of 12,600 square feet with Total Monthly Rent of $31,141. Lease ends May 2025. Seller is active in the business with 20 Full Time and 16 Part Time employees. Hours of operation are Tuesday – Saturday 5pm-1am and Sunday 11am-1pm. $250,000 in Inventory and $680,000 in FF&E included in asking price. $1,000,000 made in Leasehold Improvements. DABS Liquor License approval required.

Reason for Selling:

Owner wants to do something else in business

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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