Whiskey Bar & Craft Cocktail Lounge +4COP License

Price: $1,550,000

Location: Downtown Orlando

Business Category: Liquor Related Biz

Business Subcategory: Liquor Bar/Lounge

Listing ID: 4110-00285

Listing Status: New

Description

Almost 20 years in business and centrally located in the Heart of Downtown offering live music and two great venues. Strong, experienced staff and management in place have allowed the owners to be less involded in day to day operations and will remain on with new owner. Landlord will establish qualified buyer a new 10 year lease with options to renew.
Price includes Orange County 4COP Liquor License (Seller is willing to carry a small note on the liquor license for a qualified buyer).

LISTING DETAILS

Down Payment: $1,550,000

Total Sales: $1,062,974

Discretionary Earnings: $120,600

FFE: $50,000

FFE Included: Yes

Inventory: $100,000

Inventory Included: No

Operation

Year Established: 2003

Year of last Acquisition: 2003

Days & Hours of Operation: 4p - 2a

Owner Hours Per Week: 40

Employees: 18

Managers: 2

Absentee Owner: No

Location

Monthly Rent: $13,625

Type of Location: Stand Alone Building

Square Footage: 4380

Relocatable: No

Summary

Reason For Sale:

Retirement

Training & Support:

Two Weeks

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Greg DeSalvo

Greg DeSalvo