Nightclub & Bar
Location:
United States
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Illinois
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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.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Other Bars and Nightclubs business for sale.
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Print Listing Id: 70054664
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