The Phoenix Martini Bar & Restaurant Acquisition Opportunity

Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$276,000
Included in asking price
Real Estate$895,000
Not included in asking price
listing imageSave

The Phoenix Martini Bar & Restaurant Acquisition Opportunity


Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$276,000
Included in asking price
Real Estate$895,000
Not included in asking price
Business Description
Located in the heart of downtown Davenport, Iowa, The Phoenix Restaurant & Martini Bar offers a unique blend of upscale dining and vibrant nightlife. Known for its extensive martini menu, curated wine selection, and chef-driven cuisine, this established destination delivers a memorable guest experience with a “big city” feel in a thriving Quad Cities market.

Housed in the historic Bix Biederbecke building, the business features multiple event spaces, live entertainment, and strong appeal for private parties, special events, and weekend traffic. With a loyal customer base and diverse revenue streams—from dining and cocktails to banquets and entertainment—this is a turnkey opportunity for an owner-operator or investor looking to step into a well-known, experience-driven concept.
About the Business
Years in Operation
14
Employees
21 (16 Full-time, 5 Part-time)
Facilities & Assets
- 4,500 sq. ft., 4-story historic building with seating for 120 people
- The facility includes a fully built-out restaurant and bar with flexible dining and event spaces, allowing for efficient operations, diversified revenue, and immediate turnkey functionality.
Website
http://www.marigold.mobi/phoenix
Market Outlook / Competition
Located in a vibrant downtown district with strong foot traffic and complementary nightlife, The Phoenix stands out with its unique blend of upscale dining, martinis, and event space. This turnkey opportunity offers a differentiated concept in a competitive yet thriving market, ideal for both investors and owner-operators.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
4,500
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2492411
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Chris Barnard Marigold Resources

Listing ID: 2492411 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Anchor Bar
$400,000Anchor BarFeatured Franchise