Highly Profitable Themed Bar in Popular in Wrigleyville
| Asking Price: | $799,000 |
| Gross Revenue: | $1,080,000 |
| Rent: | $16,500/Month |
| FF&E: | $100,000 |
| Cash Flow: | $369,000 |
| Inventory: | $5,000 |
| EBITDA: | $299,000 |
| Established Year: | 2016 |
This New Orleans-themed establishment features a full restaurant, Cajun cuisine, creative cocktails, and karaoke. Founded in March 2016 and located in Chicago, the bar offers the best Mardi Gras experience in the area.
The business is now available for sale as the current owners are looking to pursue other business ventures. This presents a unique opportunity for a new owner to take over a well-established, successful bar with a loyal customer base and significant growth potential. With a committed team of well-trained employees, a vibrant atmosphere, and a prime location, this restaurant is poised for continued success under new ownership.
The bar has shown an increasing revenue trend over the past three years. Although there are many sports bars in the area, but there is no direct competition as the cajun themed offerings are unique and it is capturing an exclusive niche. Despite minimal marketing efforts, the bar has built a strong reputation through word-of-mouth and its social media presence. There are significant opportunities to further enhance visibility and customer engagement through platforms like Eventbrite, improved social media strategies, and email marketing. Additionally, there is a unique opportunity for new ownership to increase revenue by 10-20% by introducing sports programming and capturing all major sports events.
