This bar operates with a unique business model that ensures profitability from the first day of each month. Through strategic subleasing, the bar collects over $700 per month in rent, covering 80% of its own rent and utilities, effectively running the bar rent/utility-free. This "bulletproof strategy" has been key to the bar's financial success.
The bar caters to tourists by engaging customers only in English and providing impeccable customer service (uncommon throughout Latin America), providing unlimited beer samples, and always up-selling to maximize profits. It's fantastic reviews and social media presence garner repeat business from tourists and locals alike.
Unique experiences like beer caramelization and smoking beers or cocktails with different types of wood chips add to its appeal.
The bar also hosts late-night karaoke, where customers are encouraged to sing whatever they want, creating a fun and comfortable experience for all.
This bar's successful formula is inspiring the owner to open franchised locations throughout Medellin and Colombia.
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First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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Listing Number:
Category:
Location:
Listed Price:
This bar operates with a unique business model that ensures profitability from the first day of each month. Through strategic subleasing, the bar collects over $700 per month in rent, covering 80% of its own rent and utilities, effectively running the bar rent/utility-free. This "bulletproof strategy" has been key to the bar's financial success.
The bar caters to tourists by engaging customers only in English and providing impeccable customer service (uncommon throughout Latin America), providing unlimited beer samples, and always up-selling to maximize profits. It's fantastic reviews and social media presence garner repeat business from tourists and locals alike.
Unique experiences like beer caramelization and smoking beers or cocktails with different types of wood chips add to its appeal.
The bar also hosts late-night karaoke, where customers are encouraged to sing whatever they want, creating a fun and comfortable experience for all.
This bar's successful formula is inspiring the owner to open franchised locations throughout Medellin and Colombia.
Financial Information
Gross Revenue:
Listed Price:
Down Payment:
Total Income:
Year Established:
Lease Information
Square Feet:
Total Rent:
Lease Expiration:
Lease Options:
Asset Information
Leasehold Improvements:
Equipment / Fixtures:
Inventory:
Other Assets:
Additional Information
Full-Time Employees:
Part-Time Employees:
Special License Required:
Contract Staff:
Training Period:
Reason for Selling:
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
