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Bar & Music Venue For Sale
Location Louisiana,United States
Asking Price Range $250K - $500K
Gross Revenues $510000
Net Profit / Cash Flow $61000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 10 - 19
Inventory 77000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Available
Reason for Sale Other business interest
Description This bar and music venue business for sale in South Louisiana is famous for the popular musical acts it books on a consistent basis. Venue is known for having only the best bands and filling the building with patrons on a weekly basis. There is a restaurant / grill that was recently added serving American food like burgers, Angus steaks, etc. 3 video poker machines, vending machines, and pool tables are located inside the beautiful approximately 7,000 sq ft facility. Seller receives a 70/30 split on the video poker gaming income. FF&E includes top of the line equipment, light show machines, a smoke machine, and full sound system. There is also a full kitchen set up. Business is open 7 days a week, from 10 am - 2 am to accommodate the local industry workers for lunch and dinner. This business could be a cash cow, as there is practically no competition in the area, great advertising programs for the business, and a band schedule that is already booked through September!
This business for sale is found in a nice size city in South Louisiana, located near two major metropolitan cities. Business pulls in customers from both cities and surrounding areas. It is a great location to do business.
Seller has other business interests and is highly motivated to divest of this bar and music venue business for sale. Seller is willing to train the new owner on this very easy to own and operate business. There are multiple key employees who are loyal and willing to stay on to assist in running the business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Come see the potential in this already successful bar and music venue business for sale, meet the owner, make offer.
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