Seize this rare opportunity to own a well-established, centrally located lounge that stands out as one of the premier nightlife spots in the area. This exceptional operation offers approximately 105 seats, including a charming patio, and holds a coveted Liquor Primary License. Currently open five nights a week, the business generates impressive annual sales exceeding $1M, with significant potential for increased revenue.
Key Features:
Prime Location: Centrally located in a high-traffic area with excellent visibility and accessibility.
Established Business: Consistent sales performance, with room for expansion.
Size & Seating: Approx. 105 seats, including an inviting patio space.
Liquor Primary License: Perfect for a nightlife or entertainment-focused business.
State-of-the-Art Equipment: fully equipped kitchen with hood and bar equipment.
High-End Tenant Improvements: Contemporary design and quality finishes less than five years old.
Untapped Potential:
Extended Hours: Increase profitability by opening seven nights a week.
Expanded Menu: Introduce breakfast and lunch service to attract a daytime crowd.
This is an asset sale, making it an excellent opportunity for a visionary operator to build upon the current success and take this exceptional operation to the next level. Whether you’re looking to step into the nightlife industry or expand your current portfolio, this turnkey operation is ready to go.
Don’t miss out—contact us today for more information and to schedule a private viewing, for qualified buyers only.
Address
CLS Cls St
List Price
$399,800
Property Type
Commercial Sale
Type of Dwelling
Business
Area
Victoria
Sub-Area
Vi Downtown
MLS® Number
983929
Listing Brokerage
eXp Realty
Postal Code
V1V 1V1
Tax Year
2024
