Multi-Use Entertainment Bar/Venue For Sale

Great History! Great Potential for Growth!

Location: Birmingham, Alabama guitar

Financial Information
Asking: $299,000
Gross: $530,000
Cash Flow: n/a
Inventory: $10,000 (included in price)
Furniture, Fixtures & Equipment:
$250,000 (included in price)

Summary Description
World class multi-use entertainment facility. 10,000 square ft. Restaurant/pub, patio, and performance hall. Historical building. Plenty of private parking spaces plus unlimited street parking. High traffic count. Surrounded by office buildings and high density residential. Facility has the ability to make money 7 days a week. Owner has other business interests and has not come close to maximizing the potential of this facility. The facility is set up to accommodate casual dining and drinking or high volume.

General Information
Facilities: Multi-use entertainment facility is 10,000 square ft, including a patio and a performance hall. In a historical building, this facility is surrounded by office buildings and high-density residential. There is plenty of private parking spaces plus unlimited street parking.
Competition: Business is in a prime location and has a unique facility. It cannot be duplicated. A new owner could easily double the current revenue.
Growth and Expansion: New owner could add lunch, dinner, and late night food. Area has a high demand for delivery. Enormous potential with private party rentals and catering. Birmingham has a high demand and short supply of private rental facilities.
Support/Training: Seller is willing to stay for as long as it takes to train the new owner. Also would be willing to be hired as a consultant.
Reason Selling: Owner has other business interests and travels quite a bit for work.
Year Established: 1989
Employees: 13