Vibrant Nightlife Hotspot for Sale in Salt Lake County
Salt Lake County

This well-established bar and nightclub in Salt Lake County offers a vibrant atmosphere, a dedicated clientele, and a proven track record of success. Featuring a diverse menu, signature cocktails, and top-notch entertainment, this unique multi-level venue caters to a wide audience. Its longstanding success and prime location on a bustling main street create a solid foundation for continued growth, making it an excellent opportunity for a buyer seeking a thriving business in a dynamic market.
Housed in a beautifully renovated 19th-century building, the bar boasts a loyal customer base and a reputation for exceptional food, drinks, and entertainment. The venue's unique atmosphere seamlessly blends classic charm with modern style, ensuring a memorable experience for all patrons. This is a fantastic opportunity to acquire a successful business with significant growth potential.

This thriving establishment is known for its:
1. Diverse Menu: From creative small plates to signature entrees, the menu caters to a variety of palates.
2. Top-Notch Beverages: Featuring a curated selection of local craft beers, handcrafted cocktails, and distinctive wines, there's something for every taste.
3. Live Entertainment: This establishment offers a lively atmosphere with regular DJ performances, perfect for socializing and enjoying the night.
4. Prime Location: Situated on a well-trafficked main street, the bar enjoys excellent visibility and easy access for customers.
Competitive Advantages:
1. Longstanding Clientele: Years of consistent service have built a strong and loyal customer base.
2. Prime Location: High foot traffic and convenient access ensure a steady stream of patrons.
3. Proven Track Record: A history of success demonstrates the bar's strong appeal and profitability.
4. Unique Atmosphere: The historic building and multi-level layout create a memorable experience for guests.
5. Diversified Revenue Streams: Food, drinks, and entertainment contribute to a healthy

Listing Number:

23314

Category:

Bar/Liquor

Location:

Salt Lake County

$3,000,000

Financial Information:

Gross Revenue:

$3,498,449

Listed Price:

$3,000,000

Down Payment:

$0

Total Income:

$568,665

Year Established:

2015

Lease Information:

Square Feet:

12600

Total Rent:

$31,491

Lease Expiration:

05/2025

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$1,000,000

Equipment / Fixtures:

$680,000

Inventory:

$250,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

20

Part-Time Employees:

16

Special License Required:

DABS Liquor License Approval

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Owner wants to do something else in business.

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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brokerPhoto
Mike & Lynn Lee
Office: (435) 800-4400 | Cell:
License #:

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Vibrant Nightlife Hotspot for Sale in Salt Lake County
Salt Lake County

Listing Number:

23314

Category:

Bar/Liquor

Location:

Salt Lake County

Listed Price:

$3,000,000
brokerPhoto
Mike & Lynn Lee
Office: (435) 800-4400 | Cell:
License #:

This well-established bar and nightclub in Salt Lake County offers a vibrant atmosphere, a dedicated clientele, and a proven track record of success. Featuring a diverse menu, signature cocktails, and top-notch entertainment, this unique multi-level venue caters to a wide audience. Its longstanding success and prime location on a bustling main street create a solid foundation for continued growth, making it an excellent opportunity for a buyer seeking a thriving business in a dynamic market.
Housed in a beautifully renovated 19th-century building, the bar boasts a loyal customer base and a reputation for exceptional food, drinks, and entertainment. The venue's unique atmosphere seamlessly blends classic charm with modern style, ensuring a memorable experience for all patrons. This is a fantastic opportunity to acquire a successful business with significant growth potential.

This thriving establishment is known for its:
1. Diverse Menu: From creative small plates to signature entrees, the menu caters to a variety of palates.
2. Top-Notch Beverages: Featuring a curated selection of local craft beers, handcrafted cocktails, and distinctive wines, there's something for every taste.
3. Live Entertainment: This establishment offers a lively atmosphere with regular DJ performances, perfect for socializing and enjoying the night.
4. Prime Location: Situated on a well-trafficked main street, the bar enjoys excellent visibility and easy access for customers.
Competitive Advantages:
1. Longstanding Clientele: Years of consistent service have built a strong and loyal customer base.
2. Prime Location: High foot traffic and convenient access ensure a steady stream of patrons.
3. Proven Track Record: A history of success demonstrates the bar's strong appeal and profitability.
4. Unique Atmosphere: The historic building and multi-level layout create a memorable experience for guests.
5. Diversified Revenue Streams: Food, drinks, and entertainment contribute to a healthy

Financial Information

Gross Revenue:

$3,498,449

Listed Price:

$3,000,000

Down Payment:

$0

Total Income:

$568,665

Year Established:

2015

Lease Information

Square Feet:

12600

Total Rent:

$31,491

Lease Expiration:

05/2025

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$1,000,000

Equipment / Fixtures:

$680,000

Inventory:

$250,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

16

Part-Time Employees:

16

Special License Required:

DABS Liquor License Approval

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Owner wants to do something else in business.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.