Profile No. CD-0790
Boutique Bar/Nightclub
NAICS or Sic Code: 722410 Industry: Drinking Places (Alcoholic Beverages)
Gross Sales: $480,000
Sellers Discretionary Earnings: $75,000
Value of Assets Included: $40,000
Inventory Included: $5,000
Asking Price: $140,000
 

 


 

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Description: This Colorado Springs location has long been a bar/nightclub but none as successful as this current boutique nightclub. Targeting the under 40 clientele, they offer a full bar and a fully equipped restaurant. From live events such as the Mayweather – Pacquiao fight, to live music, pool darts and pinball, they have something for everyone.

The current business format was started approximately 6 months ago and the owner spent about 3 months remodeling the entire facility. Operating from a leased facility space that is approximately 4,000 s.f., with an attractive lease and a full beer/wine/spirits license. There is also an outdoor patio area that is also covered under the existing license.

Included assets: FMV Equipment $40,000 Inventory $5,000 Leasehold Improvements $45,000

This nightclub has great potential by just continuing on with the current theme and business model. A new owner could open up the kitchen and offer more than the license required food. They do have a menu already planned and recipes in place and could open up for more food service, offering lunch and dinner items such as burgers, wings, etc. The bar location is one that is conveniently located and easy to get to especially on the weekends.

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