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Business For Sale
REMODELED NIGHT CLUB IN BUSY LOCATION
Attn: Not Available
Northern California, CA, USA
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Listing Number: "1226"
Print this
Listing
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Asking Price: |
$395,000
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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Other interests |
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Yearly Cash Flow:
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$336,000 |
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Yearly Gross Income:
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$1,041,600 |
Business for Sale Overview:
Remodeled Night Club In Busy Location With $336,000 Profit. PRICE REDUCED
Location: Busy Downtown Area; Northern California, California.
Offered at: $395,000.
Listing Description:
This northern California nightclub exhibits itself to having a reputation as being an upscale and beautifully decorated venue. It is centrally located in a downtown city near many large and popular businesses. The array of warm lighting effects, attractively multi-colored textiles and limestone lined walls lends to an eye opening experience. Textured mirrors and long extravagant tapestries drape the walls. There is also a large dance floor that is accompanied by a uniquely designed DJ booth, a stage, long bar, VIP booths, an intimate lounge area and outdoor area. Some of the equipment includes as follows: an ice machine, 3 compartment sink, mop sink, walk-in refrigerator, 3 ice bins, 4 hand sinks, 2 - 3 door under counter refrigerators, 3 cash registers and 2' -in freezer, etc. There are also 2 ADA restrooms.
Property Features and Assets:
General Information:
Organization: LLC;
Year Established: Contact For Info;
Current Owner: Contact For Info;
# of Employees: Contact For Info;
Seating: 156 plus 60 outside but holds 300;
Square Foot/Size: 2,500 plus patio;
Parking: Street and parking lots;
License Required: Business, ABC Type 48 (Hard Liquor), Entertainment (live music, dancing, DJ's);
Days Open/Hours: 3 / Thursday-Saturday, 9pm-2am;
Reason For Sale: Other interests.
Financial Information:
Revenue: $86,800 per month;
Cash Flow: $28,000 per month;
Current Inventory: Contact For Info;
Payroll: Contact For Info.
Lease Information:
Lease Rent: $7,000 including insurance;
Lease Expiration: 2016;
Yearly Adjustment: Not Available;
Lease Option: 5 years;
Security Deposit: Not Available.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be 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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