Retail - Bars/Taverns | Retail - Liquor Stores

Asking Price	$199,000	Inventory	$5,000*
Gross Income	$303,518	Real Estate
Cash Flow	$75,502	Year Established	2005
FF&E	$35,713*	Employees	2 ft; 3 pt

* included in the asking price

** not included in the asking price

With its signature hip-hop format, Deja Vu is one of Bentonville s premier hotspots for sports, music, drinks and dancing. Conveniently situated along a busy corridor connecting Bentonville to Highway 540, Northwest Arkansas Regional Airport and the City of Rogers, Deja Vu sits within a cluster of hotels including the Clarion Hotel and Convention Center, Doubletree Suites and Convention Center and Sleep Inn. This night spot boasts easy ingress, ample parking, and professional design. Situated in a new strip mall, exterior features include grand colonnades, brick fa ade and manicured landscape. Established in 2005, the owner built an instantly recognizable brand through the use of a bold logo repeated throughout the club. Over $20,000 worth of custom designed stainless steel art is evidenced on the bar and bathroom counters. This space is a local favorite for hosting bachelor parties, company events, private parties and weddings. Member s cover charge provides entertainment starting at 7 p.m. and rolling on through 2 a.m. with hip-hop music, poker leagues, pool tables, eight televisions, two projection screens, Martini bar, Jaeger Bombs and Jell-O Shots. An on-site ATM machine provides $1 per transaction to management the ratio of cash to credit card receipts hovers around 50/50. Karaoke pumps up sales on Mondays, Tuesdays, and Wednesdays. Zero percent turn-over rate for bar tenders and servers: Tips are good when customers are happy! The 25-35 year-old clientele come for the Cheers-like atmosphere and remain loyal with the customer reward system every dollar spent is tracked along with the member s name, cell phone number, Email address, and driver s license number to receive 10% off the bar tab. Data collection from the incentive/reward program goes far to encourage lady-like and gentlemanly behaviour! The Aloha Quick Service POS is an advanced point-of-sale solution that reduces training time and increases efficiency.

Facilities: Upscale strip mall located on busy commuter highway attracting patrons from Wal-Mart corporate office, Wal-Mart Distribution Center, XNA regional airport, hotels and conventions centers, the City of Rogers and the City of Bentonville. Two years remain on lease for a 3,750 sqft space, seating for 200, reception area, serving bar, open and built-in and raised seating, pool table game area, kitchen, office/storage, surround sound system, freezers, walk-in cooler, commercial dish washer, and men's and women's separate facilities.

Competition: This prime location surrounded by hotel accommodations, a thriving business district and heavy traffic welcomes a variety of entertainment venues to serve local professionals and out-of-town business people. No other venue of this kind is currently in operation in Benton County. Located in Northwest Arkansas, one of the fastest growing parts of the country and home to coporate giants like Wal-Mart, Tyson Foods and J.B. Hunt Transportation, this business is poised to continue taking advantage of the area's explosive growth.

Growth/Expansion: Repeat customers and hotel/convention visitors gather at this location while fresh faces are welcomed by live entertainment promotions and radio spots. The business would benefit from an owner/manager on site, distribution of flyers to surrounding hotels and conventions and telephone advertising. The customer base will continue to grow with the Aloha POS registration/reward system. This business is sure to grow with owner participation and supervision--it is presently owned by a 100% absentee owner.

Financing: The Seller is willing to offer partial financing to an approved buyer.

Support/Training: Seller will provide one week of training at no cost. Seller highly recommends that the current manager/bar tender remain with the business as a stable asset ensuring the continued success of this business.

Reason Selling: Lifestyle change.