Friday, April 17, 2015

Bar Rescue's Sorties Tavern Is For Sale

Sorties Tavern in Bellevue, Nebraska, which was featured on Bar Rescue in March of 2014 is listed for sale.  The bar has been for sale for quite some time and the asking price is currently $199,500.  A recent ad on Craigslist states:
"Have you always wanted to own a bar?

Here is a great opportunity to own a beautiful bar that has been in business since 1977.

Own a newly remodeled Award Winning bar with profits today. This is a turn key business with loyal customers. This bar is making great profits. More profits to be made if new owner opens the grill. Brand new Kitchen is in place ready to go for new buyer to serve food.

Have financial's to show profits. Buyer must apply for your own Liquor License and Seller will not finance. Buyer must have own financing. Will suggest financial institution.

Owner wants to sell for Medical reasons but will hand it down to children if seller does not get the right price. We will look at all REASONABLE offers."

The original asking price was $210,000 and listings to sell the business say "As Seen on Spike TV's Bar Rescue: Sorties Tavern for sale in Bellevue, NE."  Those listings also say $160,000 of new kitchen equipment (most likely provided by Bar Rescue, which they do not use) and $20,000 in inventory is included.

I am not sure what the "medical reasons" are, but with three owners at the bar, you would think if someone had medical problems, the other two would take over.  This sounds like they just want out of the business.  Also, two of the owners were recently at the Nightclub & Bar Convention in Las Vegas with Jon Taffer, so they do keep in touch.  Sorties Tavern will also be featured on a "Back to the Bar" Bar Rescue episode that will probably air next season.

The bar remains open as they try to sell, but this will be one to keep an eye on.

Sunday, April 12, 2015

Bar Rescue - The 38th Floor (Mandala Lounge) Update

On tonight's episode of Bar Rescue, Jon Taffer and crew are in San Mateo, California to try to rescue Mandala Lounge.  The bar is owned by Greg Hawkins and he is a self-proclaimed "nightlife expert" who has a large ego.  He also supposedly thinks that women don't belong behind his bar.  Mandala Lounge started to go downhill when the economy went downhill and they went from doing $60,000 in sales a month to $24,000 a month.  The bar is supposedly losing $5,000 a month and is months from closing.

During the Bar Rescue makeover, Mandala Lounge was renamed to 38th Floor. The bar is supposed to make you feel like you are in a high rise despite being on the ground floor. The bar has kept the name and concept and they still go by 38th Floor.  Let's take a look at some information, reviews, and updates for 38th Floor since Bar Rescue came and made all of the changes to the bar: