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    • Downtown Lounge in Historic Building Featuring Live Jazz and Blues

      Downtown Lounge in Historic Building Featuring Live Jazz and Blues

      Business Type

      Retail - Bars/Taverns

      Area
      County State Nebraska
      Property Status Established Business Asking Price $65,000.00
      Down Payment Total Debt
      Gross Sales $155,568.00 Total Income
      Total Expenses Terms
      Listing Flyer
      Summary

      Financial Overview        

      List Price:        $65,000

      Gross Sales:

      2016: (Annualized) $155,568

      Valuation: Cost to Create:

      After purchasing and installing $70,000 worth of equipment, investing $200,000 in buildout and $15,000 in inventory, then hiring and training staff, this business far exceeds the asking price.

      Assets Included in Purchase: $85,000        

      Equipment: $70,000

      Intangible Assets:8619 Likes on Facebook, 56 reviews, 4.7 rating, website, excellent word of mouth reputation

      Startup: $200,000 +

      Inventory: $15,000 liquor*


      *amounts may vary                


      Business Information        

      Year Established:2014

      Location and Service Area: Omaha, NE

      Lease: $4,300/mo. (CAM included) for 2,565 sq. ft. main and 900 sq. ft. basement (storage and office)

      Reason for Selling:Other business is time consuming

      Employees: 1 FT and 2 PT bar tenders

      Hours: Sun. 6-10PM, Mon.-Wed 4-10PM, Thur. 4PM-12AM, Fri.-Sat. 6PM-1AM

      Seller Training Period: 30-60 Days

      Growth Opportunities:  Charge for live acts, offer food, extend hour,  increase variety of regular live groups, increase marketing

      Current Owner’s Responsibilities: Deposits, bookkeeping, payroll, marketing, booking and paying musicians, ordering        


      Next Steps        

      For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.


              

       
      Print Listing
  • Lease / Asset Information
    • Rent $4,300.00 Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet 2,565 main +900ft storage
      Inventory $15,000.00 Inventory Included Yes
      Furniture, Fixtures, and Equipment (FF&E) $70,000.00 FF&E Included Yes
      Other Assets 8619 Likes on Facebook, 56 reviews, 4.7 rating Assets Included Yes
  • General Business Info
    • Other Information
      Employees 3 Part Time Employees 2
      Hours Open Days Open
      Year Established 2014
      Training
      Selling Reason
      Property Features

      Sun. 6-10PM, Mon.-Wed 4-10PM, Thur. 4PM-12AM, Fri.-Sat. 6PM-1AM

  • Images
    •  
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Information

Contact Name Cortney Sells
Phone # 402.998.5288
 

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