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- RE: Speakeasy And Restaurant For Sale
- Contact: Terry Watts
- License #: DRE#02191771
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $1,412,628 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $166,646 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 18 | |
BBN Listing #: | 952025 | |
Broker Reference #: | 7005-18144 |
Business Overview:
This one-of-a-kind establishment, spanning approximately 5,000 square feet, offers a unique ambiance that blends a sophisticated lounge and a speakeasy atmosphere. The downstairs area features a gorgeous lounge-style speakeasy, while the second floor houses a dining room that seats up to 60 guests, complete with a separate VIP area and its own bar. The landlord holds a full bar liquor license and a general business license, making it a turnkey operation ready for continued success. The liquor license is not included in the sale price but can be purchased separately or in addition to the business.
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Property Features and Assets:
The facility is split-level with a distinct division between the lounge and dining areas. The downstairs lounge exudes an inviting speakeasy vibe, perfect for intimate gatherings and events. The upstairs dining area accommodates up to 60 guests, offering a separate VIP section with a dedicated bar, providing an exclusive experience for special patrons. The overall design and layout are meticulously crafted to offer a seamless blend of comfort and luxury.
Market Competition and Expansion:
This establishment stands out as a unique offering in the area, with no direct competitors providing a similar combination of lounge, speakeasy, and fine dining experiences. The industry is characterized by a growing demand for unique dining and social experiences, positioning this business well within the market. The clandestine allure of a speakeasy, coupled with exceptional service, ensures a steady stream of patrons.
There is ample room for growth in this business. Expanding marketing efforts, enhancing the online presence, and introducing new and innovative themed events can drive revenue. Partnering with local businesses and hosting special nights can attract a broader audience. The business's unique concept and lack of direct competition provide an excellent foundation for further development and increased profitability.
Reason for Selling:
The current owner is motivated to sell due to personal reasons.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
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