Well-Established Bar and Night Club with Liquor and Entertainment Licenses in Philadelphia, PA

This is a well-established bar and nightclub located in Philadelphia County, PA, offering a comprehensive package for a discerning buyer. The business boasts multiple valuable licenses, including liquor, entertainment, R liquor, hookah, and a rare cabaret license, of which only 17 exist in Philadelphia. The liquor license alone is valued at $250,000. Recently, approximately $350,000 has been invested in significant improvements, including the conversion of the dance area into an additional bar and lounge space, enhancing customer experience and revenue potential. Six poker machines have also been recently added. The property, a three-story building spanning 6,400 square feet, is being sold directly by the owner for $500,000, presenting an excellent real estate opportunity. The owner is also open to considering a partnership. The business operates seven days a week. This listing represents a substantial opportunity in the hospitality sector.