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Asking Price$65,000
RevenueUndisclosed Established2014
Cash FlowUndisclosed Employees6 part-time
FF&E$75,500* FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Established in 2014, the lounge provides an intimate, mature setting in a historical downtown Omaha building. As well as offering great Happy Hour specials, the lounge has live music six nights a week ranging from jazz, blues, R&B, Motown, and classic standards. The drink menu offers a nice selection of wines, beers, scotches, whiskey's, vodka's, martini's, as well as specialty drinks. Also offered is a short menu of small appetizers. The atmosphere is warm with comfortable seats, dark woods, and 1930's architecture.
Facilities:The lounge encompasses roughly 2,600sqft on the main level for guests. There is an additional 600sqft on the lower level for dry liquor storage, coolers, office space, and other storage. There is approximately $91,500 of equipment, (chairs, tables, sound & lighting, coolers, bar equipment, and other bar items) including $16,000 of liquor inventory.
Competition:The lounge is regarded as one of the finer live entertainment venues in Omaha. Our guests generally range from late 20's and up in age with an median age in the mid 40's. The guest are comprised of a wide range of occupations and come from numerous areas of the Omaha metro as well as Iowa. The lounge also hosts a number of guests from the multiple hotels within the area.
Growth Potential:The lounge hosts private and semi-private parties on occassion but has not focused on this opportunity to any great degree.
Training/Support:There is currently a quality staff of six employees. The current owner would be willing to provide needed training during initial 30 days following purchase.
Ad #95938
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