Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Yo Mon Yogurt Franchise Opportunity

Ritters Frozen Custard Franchise Opportunity

French Fry Heaven Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Newly Renovated Bar / Ultra Lounge
Location: United States -> Florida -> Fort Lauderdale
Industry: Bars and Nightclubs > Other Bars and Nightclubs




Business Summary

Partner dispute forces sale on this completely renovated 2500 square foot chic South Beach Style lounge. Price includes kitchen, office, complete inventory, sound and lighting in a turnkey operation. All social media marketing plans are also in place. Customers and sales are growing on a daily basis. Lounge is located on a major thoroughfare (with over 45,000 cars passing daily) leading to Fort Lauderdale Beach. Bar is located in an upper middle class neighborhood with many homes valued in excess of ½ million dollars. There are also hundreds of apartment complexes within a two mile radius. 13 years left on the lease, with the current rent of $ 2811.39 per month. There has been over $ 250,000.00 spent in equipment and renovations in the past year. Renovations include new electric, new plumbing, new air conditioners (3), new 150 gallon grease trap to name a few. This is a once in a lifetime deal and a must see for all investors. Sale price is $ 265,000.00 cash price (Liquor License is Not included). $ 385,000.00 with 4 COP liquor license included. You can purchase a beer and wine license for only $ 500.00 per year. Call Scott Pendleton any time at 754-245-4395.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $250,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  yes - 2 months
Reason For Selling:  Partner dispute

Photos

View Larger Photo(s) Of Business
Newly Renovated Bar / Ultra Lounge Photo 1 Newly Renovated Bar / Ultra Lounge Photo 2 Newly Renovated Bar / Ultra Lounge Photo 3




Print Listing Id: 700207693
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700207693
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.