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Business For Sale

BAR/LOUNGE - PRIVATE CLUB

Attn: Not Available
Durham, NC, USA
Listing #: 69025335
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Asking Price: $100,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Personal
Year Established: 2004
# of Employees: 2-5
Yearly Revenues: $200,000
Monthly Payroll: $1500.00
 

Business for Sale Overview:

Well established private club with the only dance floor in the immediate area. Great location, convenient for walk-in traffic. Members must be 21. Great sound and light system. Must operate as a private club since no food is sold. Great opportunity for revenue growth. Owner financing available.


Property Features and Assets:

Facility is in excellent condition requiring only minor improvement (paint). Corner location away from other similar establishments. Business sale is of the assets including main bar,coolers, light system, sound system, inventory, recently placed advertisements and furniture which includes tables, chairs, TVs, couches and love seats. Main Bar is central to the establishment. Great decor with opportunity to improve.


Market Competition and Expansion:

Physical expansion would require addition of adjacent property which is owner by existing landlord. Storage space is limited, but outside storage is a possibility with minimal investment. This club can be a great investment and opportunity for the right owners.


Additional Details:

  • The property is leased.
  • The owner is 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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