Popular US-inspired Craft Beer Bar known for its curated selection of local and international beers,
Laureles, Colombia, UNDISCLOSED
| Asking Price: |
Gross: |
Cash Flow: |
| $150,000 |
$54,000 |
$25,000 |
Furniture and Fixtures Value:
$40,000 (included in the asking price)
Inventory Value:
$8,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This popular US-inspired craft beer bar in Medellin is known for its curated selection of local and international beers, craft cocktails, small plates, and late-night karaoke. 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. Its 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.For addition information, please contact Jonathan Ring at 202-681-6777 or [email protected]
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| Year
Business was Established: 2019 |
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| Number of Employees:
1FT / 2PT |
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| Facilities / Terms of Lease:
This is a leased location of 1,000 square feet with a Total monthly rent of $650. Lease has indefinite options. Seller is active with 1FT and 2PT employees. Hours of operation are 4:20pm-Midnight, Mon-Thurs and 4:20pm-1:00am Fri & Sat. $8,000 in inventory and $40,000 in FF&E included in the asking price. $40,000 made in leasehold improvements. Chamber of Commerce ($~180/yr); Business License ($~180/yr); Music License ($150/yr) required. |
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| Owner
willing to train:
3 months |
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| Reason for selling:
Success of this bar is prompting a franchise model, which the founder will run full-time. |
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| REQUEST MORE INFO |
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