Turn-Key Upscale Cocktail Lounge (Type-48) — Stunning Buildout
Business Description
Perfect for a Local Owner Operator
This turn-key cocktail lounge has been serving up classic libations since 2019 in a beautiful ~2,200 sq. ft. space where no expense was spared. The venue features high-end finishes in a high-end location, creating a premium guest experience that’s ready for the next owner to scale.
This is a Type-48 licensed operation, so no food is necessary, keeping labor and complexity down while supporting strong margins.
The owner built a truly beautiful bar and opened to great acclaim and strong early sales, but ultimately underestimated the time commitment and the distance separating the business and home (~120 miles).
As a result, the business has operated as a weekend-only concept for the past two years, and sales have steadily declined due to limited hours and remote ownership.
This business needs local ownership. With a local owner-operator (or an engaged local absentee owner), this lounge can be repositioned and scaled into a standout performer with very attractive margins.
Key Highlights
-Established since 2019
~2,200 sq. ft. luxury space with high-end buildout
-Type-48 license (no food required)
-Prime/high-end location
-Proven revenue history with significant upside from expanded hours
-Currently weekend-only operation (major growth lever)
Revenue History (Seller-Provided)
2022 Sales: $743,000 (open ~3 days/week)
2023 Sales: $670,000 (open ~2 days/week)
2024 Sales: $620,000 (open ~2 days/week)
2025 Sales (thru Oct 31): $260,000 (open ~2 days/week)
Note: For the past 2 years, the business has been a weekend operation ONLY due to the owner living far away.
Growth Opportunities (Big Upside)
Expand Operating Days
Only open weekends. Adding even 2–3 additional days can drive immediate revenue growth, improve regular traffic, and strengthen repeat business.
Owner-Operator Model
A local owner-operator can save on manager costs, increase oversight, improve service consistency, and boost profitability.
Lease Optimization
Opportunity to sign a new lease at market rates (terms/availability subject to landlord approval). This can materially improve the cost structure.
Marketing + Events (Optional Add-Ons)
Local engagement, loyalty programs, private events, curated tastings, and partnerships can add profitable revenue streams without changing the concept.
Business is being marketed confidentially. NDA required for exact location, lease terms, financial details, and a full asset list.
This is a Type-48 licensed operation, so no food is necessary, keeping labor and complexity down while supporting strong margins.
The owner built a truly beautiful bar and opened to great acclaim and strong early sales, but ultimately underestimated the time commitment and the distance separating the business and home (~120 miles).
As a result, the business has operated as a weekend-only concept for the past two years, and sales have steadily declined due to limited hours and remote ownership.
This business needs local ownership. With a local owner-operator (or an engaged local absentee owner), this lounge can be repositioned and scaled into a standout performer with very attractive margins.
Key Highlights
-Established since 2019
~2,200 sq. ft. luxury space with high-end buildout
-Type-48 license (no food required)
-Prime/high-end location
-Proven revenue history with significant upside from expanded hours
-Currently weekend-only operation (major growth lever)
Revenue History (Seller-Provided)
2022 Sales: $743,000 (open ~3 days/week)
2023 Sales: $670,000 (open ~2 days/week)
2024 Sales: $620,000 (open ~2 days/week)
2025 Sales (thru Oct 31): $260,000 (open ~2 days/week)
Note: For the past 2 years, the business has been a weekend operation ONLY due to the owner living far away.
Growth Opportunities (Big Upside)
Expand Operating Days
Only open weekends. Adding even 2–3 additional days can drive immediate revenue growth, improve regular traffic, and strengthen repeat business.
Owner-Operator Model
A local owner-operator can save on manager costs, increase oversight, improve service consistency, and boost profitability.
Lease Optimization
Opportunity to sign a new lease at market rates (terms/availability subject to landlord approval). This can materially improve the cost structure.
Marketing + Events (Optional Add-Ons)
Local engagement, loyalty programs, private events, curated tastings, and partnerships can add profitable revenue streams without changing the concept.
Business is being marketed confidentially. NDA required for exact location, lease terms, financial details, and a full asset list.
About the Business
- Years in Operation
- 6
- Employees
- 5 (5 Full-time)
- Facilities & Assets
- Turn key bar/lounge
Type 48 License
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,200
- Rent
- $7,500.00 per month
- Lease Expiration
- 4/30/2026
About the Sale
- Seller Motivation
- Seller lives too far away from the business
- Financing Options
- Depending on offer and buyer experience
Listing Info
- ID
- 2452163
- Listing Views
Listing ID: 2452163 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.
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