Blind Item: Lux-Lounge


Can you guess what lux-lounge is up for sale in this for sale ad?

They’re asking $550,000 for this bi-level spot in the Rittenhouse Square area.

Details after the jump.

Bi-level, European style luxury establishment situated in the heart of Center City-Rittenhouse Square area. This area has been recently re-invented into Nightclub,Bar and Upscale dining spots. Amazing sound system on both floors. Valet parking permit in place, 5 restrooms, Outside seating permit. Days Open / Hours of Operation: 7 days a week 4:00 PM till 2:00AM Monthly Rent: $18,600 plus $1,000 taxes, triple net. Need $65K in escrow for Liquor license and 40K for rent deposit.
Over 10,000 Square feet, First floor lounge offers a relaxed environment with comfortable silk brocade banquette seating, pool table area, and daily happy hour events. The second floor lounge features mahogany and mirrored accents, a large dance floor, and spacious seating. Private locked liquor lockers. Rare varieties of tequila and many other unique specialty drinks.Club offers a private entrance that leads to a private VIP lounge. Monthly Rent: $18,600 plus $1000 taxes.


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