Business Overview

This is your once in a lifetime opportunity to own the HOTTEST biker bar in all of NWA; The Cathouse Lounge! It’s no surprise when over 750,000 riders were asked for the absolute best motorcycle bar in Arkansas, The Cathouse Lounge was voted #1! Nestled in Historic Downtown Eureka Springs & situated on the busiest street in town; This iconic location is widely known for its carefree atmosphere where the pours are good, the drinks tall, & guests let their wild side free! Homebase to many local special events & rallies; Guests continually flock to this haven while touring the most beautiful areas to ride in the country; This turnkey business boasts a full kitchen serving up mouthwatering entrees, set far apart from your typical bar fare, 20+ taps & multiple walk-ins to provide a large selection of ice-cold beer, 4 full liquor bars, live music, front row bike parking, 2 motel rooms, sought after official merchandise, spacious outdoor seating, & event space make The Cathouse an absolute one-of-a-kind property! Proven Record & History of high sales volume; ready to be taken to the Next Level!

Financial

  • Asking Price: $1,950,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2004

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:5,500
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

full kitchen serving up mouthwatering entrees, set far apart from your typical bar fare, combined with a large selection of ice-cold beer, multiple full liquor bars, live music stage area, front row bike parking, 2 motel rooms, spacious outdoor seating, & event space

Additional Info

The company was established in 2004, making the business 18 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 totally different things. As an example, they might state "I have too many other obligations" or "I am retiring". For many sellers, these reasons stand. But also, for some, these might just be excuses to try to hide the reality of transforming demographics, increased competition, current decrease in earnings, or an array of other reasons. This is why it is really essential that you not depend entirely on a seller's word, however rather, make use of the vendor's response combined with your overall due diligence. This will repaint a more realistic image of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses finance loans in order to cover points like stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that revenue margins are too tight. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that need to be fulfilled or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location bring in brand-new customers? Most times, businesses have repeat customers, which create the core of their day-to-day revenues. Particular aspects such as brand-new competitors growing up around the location, roadway building, and also personnel turnover can impact repeat consumers as well as adversely impact future earnings. One important point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the higher the possibility to develop a returning customer base. A last idea is the general location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? How might the local average household income influence future earnings potential?