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Liquor Lounge - 4COP License
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1980
Number of Employees 10 - 19
Inventory 100000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Two weeks.
Reason for Sale Absentee owner and need to stop traveling.
Description ''Mikey G's'' is a free standing 5,000 sq ft facility with good parking. Great retail exposure - corner of US HWY 92 E and Faulkenburg Rd. Large marquee sign and two reader boards-one on Faulkenburg and other on US HWY 92 E - 10101 US HWY 92 E. Located 1 mile from: the Hard Rock Hotel & Casino, the Florida State Fairground & Amphitheater (Major concert venue) and an I-4 exit.
This club for sale was fully remodeled in April of 2009 to a Rock & Country Rock dance style club that hosts live bands & DJ music as well as pool leagues, and feature nights: for now, ladies nights and a sink or swim night.
DJ Booth - Sound - Lighting - Stage - Dance Floor. Vending machines for additional income. The club has gross income of approximately $7500 per wk. A good lease with 10 years remaining by 2 consecutive 5 year options and a monthly lease payment of $5156 per month total.
The sale of the club comes with a hillsborough county 4COP liquor license and the entire contents and FF&E of the facility. The sale of this club is due to the absentee owner does not want to travel to Tampa every weekend. Owner very motivated for sale.
PRICE: $250,000 CASH or $300,000 owner financing with 50% down and terms to be disclosed. Do not disclose to the customers or employees the bar is for sale. Email or call Richard Schauseil Polo Group 727-510-1637.
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