Fully Equipped Bar in Prime Cincinnati Entertainment District Location
Asking Price: | $55,000 |
Established Year: | 2021 |
Opportunity to own a fully equipped bar in the heart of the vibrant Cincinnati Entertainment District of El Paso. While currently closed, this venue offers a unique chance to establish your own bar or entertainment concept in a prime location surrounded by popular establishments.
Key Features:
- Prime Location: Situated near the University of Texas at El Paso (UTEP) and the historic Kern Place neighborhood, the area benefits from high foot traffic from students, professionals, and tourists.
- Recent District Enhancements: A $2.8 million renovation has revitalized the district with increased parking, widened sidewalks, improved landscaping, and the iconic Sun City Lights archway, enhancing its appeal and accessibility.
- Fully Equipped Space: Comes complete with all necessary equipment and fixtures, minimizing startup costs and allowing for a quicker launch of your new venture.
- Spacious Venue: Offering 2,400 square feet of indoor and outdoor space, providing ample room to bring your vision to life—be it a trendy bar, a cozy coffee shop, or a unique café.
- Versatile Potential: Ideal for hosting live music events, themed nights, and more, catering to a diverse clientele and a variety of events.
- Social Media Appeal: The venue's distinctive aesthetic is perfect for creating memorable experiences that attract a social media-savvy audience, boosting online presence and word-of-mouth marketing.
Lease Details:
- Flexible Lease: Lease renewal is in November 2024, giving you time to establish and grow your business in this thriving district.
- Affordable Terms: The new owner can assume the existing lease pending landlord approval.
Additional Information:
- Seller Financing: Open to financing options with 50% down, making it easier to invest in your dream business.
- Community Engagement: Located in an area known for hosting events and festivals, offering opportunities to increase exposure and build a strong customer base.
- Growth Potential: Benefit from ongoing development initiatives aimed at enhancing the district's ambiance and safety, creating an even more inviting environment for businesses and patrons.
This is a rare opportunity to launch your own establishment in one of El Paso's most dynamic districts without the high costs of building out a new space. The venue is ready for a new owner to inject fresh energy and ideas into this prime location.
For more information and to schedule a private tour, please contact Roly Yazir Saldivar by filling out the contact form on this page. Upon request, a detailed asset sheet and confidential business summary will be promptly emailed to you.
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