South Louisville Bar / Night Club For Sale
Louisville, KY
| Asking Price: | $500,000 |
| Gross Revenue: | $575,000 |
| Rent: | $4,725/Month |
| Established Year: | 2019 |
| Cash Flow: | $150,000 |
| Inventory: | $15,000 |
| FF&E: | $101,325 |
Listing ID: 2208261Listing provided by BizBuySell
BUSINESS DESCRIPTION
Popular Live Music Venue!
Popular Live Music venue located in Louisville's South End available. Perfect location to fulfill your dream of owning your own bar/night club. Turn key concept featuring Karaoke, Live Bands, Poker League, Darts, Lottery, Billiards and Gaming. There is always something to keep customers engaged. Can continue operating as is or easily convert to a new theme. Our regulars will make you feel right at home.
DETAILED INFORMATION
Location
Louisville, KY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,300
Lease Expiration
31/12/2027
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Listing includes 2 businesses that compliment each other. MG's Prime Time Bar & Event Center and The House of Cards Social Club Poker Room and Event Space.
1) Full Kitchen with Hood, High Capacity Fryer, Grill & Oven
2) Full Bar Serving Draft Beer, Bottled Beer & Liquor
3) Stage for Live Music, Karaoke, Comedy and more
4) 220" TV Wall For Sports Fans
5) Seating for 200 inside and 40 Outside
6) Complete With 40ft Bar, Tables, Chairs, Pool Table, All Restaurant Equipment, Patio Gazebos, AC units, Walk in Cooler, Freezers, Refrigerators, TV's & More.
Competition
Limited Sports Bars Remain Open In Our area and only 1 other with a 4am license.
Growth & Expansion
Our sales are up 50% since one of our main competitors closed and we re-branded as a sports-bar. Our Poker room is less 5 months old and growing.
Financing
Some Owner Financing With Substantial Down Payment
Support & Training
2 Weeks On The Job Training
Reason for Selling
Other Business Interests
BUSINESS LOCATION
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