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Nightclub & Bar
Location: United States -> Illinois -> Chicago
Industry: Bars and Nightclubs > Other Bars and Nightclubs




Business Summary

Hip Nightclub and Restaurant North Lakeview. This is not your daddy's shot-and-a-beer joint. This thriving, somewhat upscale tavern and eatery keeps drawing larger and larger crowds of youngish urbanites who like the handsomely stylized ambience and the very handy location.

Located on a busy corner with a prominent street presence, the bar has room for outdoor serving and dining and a separate area divisible for parties and bands. It also has a presence on the web and a locally recognizable brand name. Business has been increasing lately.

Habitués are probably best characterized as ''young professional.'' The bar's proximity to an El stop and to a certain North Side major league baseball field help assure a constant supply of new patrons. Contact for more information on this Nightclub & Bar for sale.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $900,000
Cash Flow:   $275,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $260,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train.
Reason For Selling:  Other ventures.




Print Listing Id: 70054664
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

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



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