Popular US-inspired Craft Beer Bar known for its curated selection of local and international beers, craft cocktails, small plates, and late-night karaoke.
Laureles
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.  It's 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.

Número de listado:

22482

Categoría:

Bar/Liquor

Ubicación:

Laureles
$150,000

Información financiera:

Ingresos brutos:

$54,000

Precio listado:

$150,000

Depósito:

$0

Ingresos totales:

$25,000

Año Establecido:

2019

Información de arrendamiento:

Pies cuadrados:

1000

Renta Total:

$650

Vencimiento del arrendamiento:

11/2023

Opciones de arrendamiento:

Indefinite / Yearly

Información de activos:

Mejoras arrendatarias:

$40,000

Equipos / Accesorios:

$40,000

Inventario:

$8,000

Otros activos:

N/A

Información adicional:

Empleados de tiempo completo:

1

Empleados a tiempo parcial:

2

Licencia especial requerida:

Chamber of Commerce ($~180/yr); Business License ($~180/yr); Music License ($150/yr)

Personal contratado:

0

Periodo de entrenamiento:

3 Months

Razón de venta:

Success of this bar is prompting a franchise model, which the founder will run full-time.

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Jonathan Ring
Office: (202) 681-6777 | Cell: (202) 681-6777
License #:
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Popular US-inspired Craft Beer Bar known for its curated selection of local and international beers, craft cocktails, small plates, and late-night karaoke.
Laureles

Listing Number:

22482

Category:

Bar/Liquor

Location:

Laureles

Listed Price:

$150,000
brokerPhoto
Jonathan Ring
Office: (202) 681-6777 | Cell: (202) 681-6777
License #:
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.  It's 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.

Financial Information

Gross Revenue:

$54,000

Listed Price:

$150,000

Down Payment:

$0

Total Income:

$25,000

Year Established:

2019

Lease Information

Square Feet:

1000

Total Rent:

$650

Lease Expiration:

11/2023

Lease Options:

Indefinite / Yearly

Asset Information

Leasehold Improvements:

$40,000

Equipment / Fixtures:

$40,000

Inventory:

$8,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

2

Special License Required:

Chamber of Commerce ($~180/yr); Business License ($~180/yr); Music License ($150/yr)

Contract Staff:

0

Training Period:

3 Months

Reason for Selling:

Success of this bar is prompting a franchise model, which the founder will run full-time.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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