HS Listing ID-72232

Business Type: Bar/Nightclub (Entertainment Venue).

• Location: Indiana County, Pennsylvania college market.

• State of Formation: Pennsylvania.

• Established: May 1994. (owner-founded)

• Years in Operation: Approximately 31–33 years (seller states 33).

• Ownership: 100% privately owned by owner and spouse. No silent partners or outside investors.

2. Seller’s Reason for Sale

• Retirement and desire to spend more time with family and grandchildren.

3. Business Model & Revenue Streams

• Primary revenue from bar and liquor sales.

• Food — minimal; enough to make sure they are in compliance

• Residential rental income from apartments above the venue.

• Past operations included weddings, events, and a restaurant, offering future growth opportunities. (not currently active).

4. Financial Snapshot

• Peak seasonal revenue of approximately $100,000 per month during the fall season.

• Owner does not take a salary and lives off apartment rental income.

• Available Documents: Last three years of tax returns, YTD P&L, YTD balance sheets, bank statements.

• Pending: 2025 tax return and 2026 YTD financials.

• Add-backs (owner benefit / non-transferring expenses):

Truck + car run through the business (vehicle loans approximately $900/mo each = approximately $1,800/mo total).

Cell phones

Medical insurance

Life insurance

Convention travel: approximately $2,000/year (Nikon Bar convention — they teach there; skipped this year).

One-time camera replacement expense: approximately $10,000–$15,000. (power surge/storm fried the cameras).

5. Debts & Liabilities

• Building mortgage balance: approximately $250,000 remaining. Was paid off pre-COVID, then remortgaged during COVID.

• Vehicle loans: approximately $1,800/month. total (2 vehicles).

• Merchant cash advance: $15,000 taken to bridge summer; approximately $15,000 remaining; expected payoff by end of September.

• No SBA, PPP, EIDL, equipment leases, business LOCs, vendor balances, or personal guarantees.

• Sales tax: fully paid, nothing owed.

6. Legal & Compliance

• No judgments or liens against the business.

• No personal guarantees, no pending or recent past lawsuits, no demand letters.

• All licenses are current.

• Extended food license on file, can serve food unused but active. Potential asset/upside.

7. Operations

• Owner: Active owner

• Owner works approximately 15 hours per week, 3 nights (Wednesday, Friday, Saturday from 9:00 PM–2:00 AM).

• Business operates Wednesday, Friday, and Saturday, 9:00 PM–2:00 AM. (2am hard stop on liquor; not open 7 days/week).

• No current manager; established systems allow future management.

• Seller willing to provide transition assistance and consulting. willing to stay on for an agreed amount of time negotiable, plus a consulting arrangement after.

• Seller is open to seller financing, with preference for cash up front.

8. Staffing

• Approximately 3 employees during summer and up to 15 during peak season.

• Peak-night crew ($100K months): 2 at door (1 carding, 1 cover), 5 security (5 floor zones — pool table, VIP zone 1, zone 2, zone 3), 1 bar back, 6–8 bartenders (3 bars in building).

• Bartenders: W-2 payroll, reported (approximately 9 people on payroll filings).

• Set weekly schedules for staff.

• In-house DJ is one of the 3 core year-round staff (trained in-house, uses the owned music library).

9. Key Assets (OWNED)

• Owns all equipment — zero leased

• Full production rig: soundboard, complete sound system, lights, smoke machine, and other nightclub production equipment supporting daily operations.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION