Upscale Bar Club!
Knoxville, TN
| Asking Price: | $200,000 |
| Gross Revenue: | $456,021 |
| Rent: | $3,593 |
| Established Year: | 2021 |
| Cash Flow: | $107,579 |
| Inventory: | $1,000 |
| FF&E: | $38,000 |
Listing ID: 2297841Listing provided by BizBuySell
BUSINESS DESCRIPTION
Super clean and bright location
If you are looking for a high end classy club that provides an atmosphere for easy going professionals, this is the business for you. This business was established by a husband-and-wife team to provide a nice place for professionals to gather after work. Revenues are up, Net it up and growing. Location of this business is ideal and sought after as it is THE hot spot of Knoxville. Please watch the following video to understand the buying process of this listing. https://youtu.be/yPwNhCpDUbE
DETAILED INFORMATION
Location
Knoxville, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,053
Lease Expiration
01/09/2027
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 2,053 square feet with a Total monthly rent of $3,593. Lease ends 09/2027 with 2x 3 Years options. Seller is active with 4PT employees. Hours of operation are Mon-Tues = 3pm-10pm, Wed-Thurs = 3pm-11pm, Fri-Sat = 2pm-12am, Monday-Saturday - Closed on Sundays. $1,000 in inventory and $38,000 in FF&E included in the asking price. $70,000 made in leasehold improvements. Liquor License required.
Support & Training
2 weeks
Reason for Selling
Owners have W2 Employment. This business is taking up too much of their time.
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