Excellent liquor selection in a 1920’s building with lustrous original woodwork! Offering up to four nights of live music per week, this very popular lounge evokes a retro modern vibe with its mix of ornate woodwork and comfortable modern furniture. An excellent drink menu rounds out the experience with a variety of custom cocktails, wines, scotch, and more.
Popular - with over 8,600 likes and 56 reviews averaging 4.7 stars on Facebook and an excellent word of mouth reputation. This business offers excellent growth opportunities to a hands-on owner. Among these opportunities are: charge cover for live acts, offer food, expand hours, grow the variety of regular live groups, and increase marketing.
The current owner’s responsibilities are mostly absentee: deposits, bookkeeping, payroll and marketing, booking and paying musicians, and ordering. Currently staffed by 1 full time and two-part time bartenders, this business would greatly benefit from having an owner that would be able to spend more time on-site actively developing the business.
The lease is just $4,200 per month (includes CAM) for a 2,565 square foot main floor and a 900 square foot basement that includes storage and an office in a very popular area of Omaha.
Assets Included in Purchase: $85,000
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
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
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.