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Business For Sale
DINNER-NIGHT CLUB AND LIVE MUSIC VENUE
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Asking Price: |
$1,605,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Year Established:
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1981 |
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# of Employees:
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22 |
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Yearly Cash Flow:
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$297,000 |
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Yearly Net Profit:
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$297,000 |
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Yearly Gross Income:
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$1,900,000 |
Business for Sale Overview:
This is Sacramento's premier Night Club and live Music Venue. The company started back in the early 80's and the club expanded into Live Music. The building owned by the Sellers has a nightclub downstairs with a private VIP club upstairs. The club has a capacity of 503. They have an excellent reputation for live music acts and fills the house every night. There is always a line outside the club. In addition the restaurant has been rated 4 stars by the Sacramento Bee and is a blend of California and Asian fusion served in a Supper Club type atmosphere. Located in what is considered by most to be a prime location, the venue has had many years as the areas top night spot. The owners are retiring and wish to sell the building along with the business. Any Buyer interested must show financial ability to make this acquisition. Get a drink at the bar, dance your tail off on the dance floor and then settle down with some jazz in the upstairs lounge. People easily flow from one area to another without overwhelming each other. From hip-hop to salsa, no one music style dominates. Bands and DJs are regularly scheduled, while a band plays downstairs, a DJ may be upstairs spinning. The business caters primarily to the young up and coming crowd.
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