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Business For Sale
OC NIGHTCLUB WITH LIQUOR, DANCE & ENTERTAINMENT
Attn:
Robert Rodriguez
Huntington Beach Area, CA, USA
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Listing Number: "OCAreaClub"
Print this
Listing
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Asking Price: |
$1,000,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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personal |
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Year Established:
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1988 |
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# of Employees:
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40 |
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Yearly Revenues:
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$2,500,000 |
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Yearly Cash Flow:
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$700,000 |
Business for Sale Overview:
The opportunity may very well be North Orange County's most profitable nightclub destination. This popular operation enjoys the benefits of a full liquor license (no food service required), and offers its 800,950 nightly patrons, three bars, two dance floors, a large stage, a gigantic smoking patio, and bottle service at over 25 plush booths. Due to the extreme confidentiality of this sale, all Buyers will be rigorously pre-screened, and this opportunity will not be available for co-broker at this time. Kindly refrain from such inquiries.
Property Features and Assets:
The sale includes the liquor license, as well as all of the recently renovated furniture, fixtures and equipment necessary to continue to increase revenues and profitability. The massive facility occupies 10,000 square feet and leases for only $10,000 per month, on a negotiable lease with an option. The bars capacity is for 600,750 patrons, but the landlord has space available for the operator to offer banquet style special events.
Market Competition and Expansion:
Competition is considered very low, as this is the only sizeable dance, live entertainment, and special event venue in the area.
Several options for growth exist. At present the current operator have continued to grow the business on a month over month basis, and have increased the nights of operation beyond the traditional Thursday, Friday and Saturdays. New owners will seek to capitalize on the recent renovations, and the tremendous momentum that the club currently has by continuing to offer quality entertainment with a fantastic vibe, but without the Hollywood nightclub style attitude and hassles.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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