See Similar Listings

Beach Town Vintage Cocktail Lounge

Onslow County, NC
listing image
Asking Price:$95,000
Rent:$3,100/Month
Gross Revenue:$120,000
Established Year:2023
Listing ID: 2303269Listing provided by BizBuySell
BUSINESS DESCRIPTION

A dream come true. A vintage style craft cocktail lounge located minutes from the beach. What more could one ask for. Located in an ever-growing beach town, with loyal community members and out of town travelers, this niche lounge has limitless growth potential. The community area has been booming over the last 5 years with multiple new housing developments and multiple new commercial businesses flourishing. This strong tied community asked for a 21 and over craft cocktail experience and this is what was delivered. The perfect unique spot for business meetings, date nights or just somewhere to listen to live jazz/blues music and relax with a high-end cocktail.

The lounge maintains a full spirit bar capable of making any variety of cocktail but boasts its signature menu that rotates monthly to keep customers on enticed with new astonishing cocktail concoctions that will not be found anywhere else.

The cocktail lounge maintains a monthly wine club with dedicated followers and continual growth. The owner/managers have exceptional ties to the community which make event planning a breeze.

DETAILED INFORMATION
Location
Onslow County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,700
Employees
2
Facilities
Full-service liquor bar with two well setups, two wash sinks, three basin wash sink, commercial dishwasher, glass drying rack, 10' x 12' walk in cooler with integrated draft beer system, bulk ice machine (500lb/day), secondary chest freezer, two barback refrigerated coolers, office space with storage loft, two bathrooms, 7' x 10' event stage, maximum occupancy 51.
Competition
The area is a busy beach town, less than 3 miles from the beach and less than 7 miles from a large military base. There is a handful of local restaurants and "dive" bars but there is zero competition for craft cocktails and high-end spirit-based drinks. There is no anticipated or forecasted competition coming to the area.
Growth & Expansion
The local area has shown tremendous growth both residential and commercial throughout the last few years through the building of multiple housing developments, apartment complexes and multi-unit commercial business spaces. The tourist season and military presence makes for a large growth potential of diverse and continual clientele.
Support & Training
Owner/Manager willing to remain local and available for up to 60 days to ensure proper turnover of all alcohol permits and distributor accounts.
Reason for Selling
Military family relocation.
Franchise
This business is an established franchise
Report an Issue with this listing
Brandon Schmidt
Phone Number
Brandon Schmidt
Call Phone