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Magnificent Facility in The Hottest Entertainment District

Do not miss out on this opportunity! Won’t last long!

Location: Birmingham, Alabama

Financial Information
Asking: $199,000
Gross: $541,000
Cash Flow: $50,000
Inventory: $5,000
Furniture, Fixtures & Equipment:
$200,000 (included in price)
Financing: negotiable

Summary Description
Like new renovation of a historic building. 2000 sq. ft. bar room downstairs. 2000 sq. ft. private party room upstairs with bar and bathrooms. Upstairs can be accessed inside or from a separate outdoor entrance. 1000 sq. ft. patio. Off street parking. Could easily add a kitchen for catering and/ or restaurant. Located in the hottest entertainment district with the newest and hottest bars, restaurants, and nightclubs in town. Building is up to code with sprinkler system and extra support beams for 2nd floor. Why spend a year and over 500K to renovate an old building when you can buy a world class facility for half of that. Do not miss this opportunity. It won’t last long.

General Information
Facilities: Beautiful renovation of Downtown Historic building. 2000 sq. ft. downstairs, 2000 sq. ft. upstairs ( with internal access and a separate outside entrance as well ), and 1000 sq. ft. patio. Off street parking. Located in the hottest, growing entertainment district in the city. Building is fully sprinkled and has extra support for 2nd floor required by City of Birmingham.
Competition: Business is located in the hottest entertainment district in the city. Traffic in the area is growing. Surrounded by other hot businesses. Strong merchant’s association.
Growth and Expansion: Facility has enormous potential. Current owners are absentee. Facility could host many private functions and could add a kitchen for catering and restaurant service. Increased marketing and attention to detail would go a long way.
Financing: Negotiable
Support/Training: Seller will remain to train.
Reason Selling: Other business interests and relocation of several owners.
Year Established: 2009
Employees: 10

 

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