Bar and Night Club for Sale in Philadelphia County
LISTING ID # 26206
Well-established bar and club for sale. Includes liquor license, entertainment license, R liquor license, hookah license, and cabaret license, of which there are only 17 in Philadelphia. Liquor License alone is worth 250,000. The bar is open seven days. The owner recently converted the dance area into another bar and lounge. Recently around $350,000 was spent on improvements. The owner has also recently added 6 poker machines. The property is being sold for $500,000 directly from the owner. Owner is also considering a partnership. The building has three floors, which are 6,400 square feet. This can be an excellent source of rental
Financials (USD)
Asking Price $1,100,000
Cash Flow $250,000
Sales $840,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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