Retail - Bars/Taverns

Asking Price	$275,000	Inventory	$5,000*
Gross Income	$450,000	Real Estate
Cash Flow	$115,000	Year Established	1980
FF&E	$150,000*	Employees	13

* included in the asking price

** not included in the asking price

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Successful and popular nightclub and lounge located in Portland, Maine s popular Old Port entertainment district. The venue offers a variety of musical formats throughout the week with multiple bars, large dance floor and up to date sound and light system.

Facilities: The 4000 sq + facility has a capacity over 250, is fully sprinkled and located in the desirable Old Port district. There are several bars, large dance floor and a modern sound and light show and the facility is kept cleaned and well-maintained.

Competition: The venue has a large loyal clientele, appeals to a wide demographic and has enjoyed a strong position in a very competitive market. The Old Port is one of New England s top nightlife entertainment districts and draws thousands of people every weekend.

Growth/Expansion: The venue can expand its hours, add additional promotions and theme nights and target a young audience with an all-ages chem-free night. A more extensive social networking marketing effort could be used to grow the business. The concept can be duplicated in other Maine markets.

Financing: Anticipated Seller Financing $125,000. Working Capital Needed $25,000.

Support/Training: Owner will provide transition training for a new owner.

Reason Selling: Relocating.