Upscale Bar Club in Knoxville

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Financial Details

Asking Price:
$200,000
Annual Revenue:
$456,021
Cash Flow / SDE:
$107,579
Profit Metric:
Total Adjusted Net Income
Valuation Multiple:
1.9x
Location:
Knoxville, TN, US
Sources:
Date:
September 24, 2025

Key Highlights

High-end, classy bar club catering to professionals.
Ideal, sought-after location in the hot spot of Knoxville.
Revenues and net income are up and growing.

Description

This is an upscale, high-end bar club located in the prime area of Knoxville, known as 'the hot spot'. Established in 2021 by a husband-and-wife team, it offers a classy atmosphere for easy-going professionals to gather after work. The business has seen increasing revenues and net income, indicating strong growth. The sale includes equipment and fixtures valued at $38,000 and leasehold improvements worth $70,000. The lease is for 2053 sq ft with a monthly rent of $3,593 and expires in September 2027, with 2 three-year options. The business currently operates with 4 part-time employees and offers a 2-week training period. The owners are selling due to W2 employment commitments and the business requiring too much of their time.

Industry Information

Industry Description:
Bar/Liquor
Classification:
Entertainment & Recreation

Operational Snapshot

Year Established:
2021
Employees:
4
Reason for Selling:
Owners have W2 employment and limited time.

Real Estate & Lease

Status:
Leased
Monthly Rent:
$3,593 USD
Lease Expiration:
2027

Assets & Inventory

FF&E Value:
$108,000 USD
Includes FF&E:
Yes

Broker Contact

Name:
Ciro 'Vic' Coppola
Company:
First Choice Business Brokers
Phone:
(702) 368-2500

Listing Details

Listing ID:
6f02d35b-a0a6-4fa4-8d11-451df92fd056
Source Listing ID:
23722
Deal Status:
Sold
Last Updated:
September 24, 2025
Currency:
USD

Features & Tags

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