Nightclub Lounge for Sale in Broward County ?4 COP Quota License

Hallandale Beach, FL

Seller Financing Available

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Asking Price:$699,000
Gross Revenue:$947,954
Established Year:2020
Cash Flow:$354,095
Rent:$4,465/Month
BUSINESS DESCRIPTION

Nightclub/Lounge Bar for Sale in Broward County ?4 COP Quota License

Nightclub and Lounge Bar for Sale in Broward County, Florida netted the seller $354,095 in 2023 and $276,180 in 2022. Easy to operate and profitable, this turnkey operation could be the perfect fit. 4COP Quota License is included in Sale. This reduces your risk of purchase as this is a hard asset that is sellable and usable anywhere in Broward County. This license will allow you to stay open until 6 am.
The lounge Bar for Sale has four years of history. The seller is relocating and must part with this cash cow. In 2023 the seller netted $354,095 and in 2022 the seller netted $276,180. Sales have remained consistent in 2024. The owner/seller only works three days per week on site. Seller spends his time overseeing the staff, insuring cleanliness and service standards, and adhering to administrative functions. There is a manager on staff who manages employees, bar ordering and payroll.
The lounge and Bar for Sale presented by We Sell Restaurants is in possession of a 4COP quota license. This allows the nightclub to serve liquor, beer, and wine with no restrictions. The ownership of this license will transafer with sale. The 4COP liquor license has been selling for up to $300,000 in the last year. The lounge is open seven days per week. Opening at 9 pm daily and closing at 4 am Sunday thru Thursday. The nightclub is one of the only two bars in Hallandale Beach that stays open until 6am , giving guests ample time to dance the night away and enjoy top-notch bar service. The bar is stocked with the best top-shelf brands and offer a variety of coffee and exotic teas.
The lounge and Bar for Sale is turnkey, you will be profitable on day 1. The facility has a DJ booth outfitted with four speakers, two sub-woofers, and a light system. The bar seats 11 guests and another 50+ seats on comfortable couches and upholstered chairs. The lounge offers light snacks in the way of food and there is a hookah section with a counter for guests to purchase and enjoy hookah. Do not worry about the smoke. The lounge has three smoke eaters (each costing $3,000) and a smoke exhaust system.
The lounge and Bar for Sale occupies 1,890 square feet. The sound and lighting system are of highest quality. The lease is long term. The current term expires on July 15, 2029, and there is a five year option attached. The monthly rent including all CAMS, taxes, and trash is only $4,465.
The seller of this Bar for Sale will offer financing of up to $300,000 to a qualified candidate. In order to obtain all pertinent information proof of funds in the amount of $300,000 in needed.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Hallandale Beach, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,890
Lease Expiration
15/07/2029
Employees
6
Facilities
8 Couches 5 Wooden Tables 2 Round Wood Table 3 Round Tables 1 Coffee Table 3 Outdoor table 2 metal benches 3 stantions 14 chairs 11 barstools AV system Dj system 4 speaker 2 sub woofers 2 televisions two door low boy cooler small cooler table top oven 3 compartment sink clover pos system two glass door low boy cooler three glass door low boy cooler glass door bev cooler Ice machine glass washer 2 speed wells electric one eye burner two door low boy cooler 12 hookahs 3 smoke eaters 1 smoke exhaust system
Competition
One of the few nightclubs in Hallandale beach that can stay open to 6 am. Easy access form road, close to I-95.
Growth & Expansion
Promote the venue for on-site parties and catering, work with local promoters to drive customers on specific nights
Support & Training
Two weeks of training is included with purchase for no compensation
Reason for Selling
Relocation
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Ken
Eisenband
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Ken Eisenband