Cocktail Bar 48, low rent, limited competition

A profitable, well-established cocktail bar is now available for purchase in a highly desirable area known for strong foot traffic and excellent neighborhood visibility. The bar holds a rare Type 48 liquor license and comes with a favorable 10-year lease, including two years at a fixed low rent of just $2,600 per month and an additional five-year extension at the same rate. There are no NNN (triple net) charges, making this an especially cost-effective opportunity.

The inviting two-story space features a warm, modern interior, a spacious outdoor patio, and entertainment amenities including two pool tables and a newly upgraded Matrix audio system. The current owner has invested over $100,000 in capital improvements, creating a turnkey operation ready for a new owner. With limited operating hours, the business is ideal for a lifestyle buyer or an operator looking to expand existing holdings. It is easily manageable, with the seller currently working only limited hours.

Financially, the bar is well-positioned, with monthly expenses including labor at $10,500, pouring costs averaging 25% of sales ($15,000), utilities at $900, entertainment at $2,500, and insurance at $450.

The established customer base, combined with strong social media presence and positive reviews, supports consistent traffic and revenue. Seller financing is available with 50% down, making this a rare opportunity for an owner-operator, mixologist, or investor seeking a streamlined entry into the bar business.

Listing: 5629 NK

Down Payment: $350,000

Total Sales: $600,000

Cash Flow: $72,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $7,500

Inventory Included: No

Year Established: 1995

Days & Hours of Operation: 7 Days (4pm to 2am)

Owner Hours Per Week: 20 Hours

Non-Owner Payroll: N/A

Employees: 11

Absentee Owner: No

Lease Option: 5 Years Option

Real Estate: N/A

Monthly Rent: $2,600

Type of Location: Attached

Square Footage: 2000

Reason For Sale:

Wants Large Business

Financing/Terms:

Seller Financing $150,000 at 7% interest over 36 months term - monthly payment of $4,632