Business for Sale Overview:
With an initial capital investment exceeding $4,500,000, this sale provides a savvy buyer the opportunity to own San Diego’s hottest alternative nightclub, restaurant and lounge for a fraction of the seller’s initial investment cost. This spectacular venue, which is truly unlike any other in San Diego, offers patrons an unmatched location, and an unbelievable multi-faceted entertainment experience. The business’s first class build-out, and its equipment, liquor license and entertainment permit provide the buyer all of the ingredients necessary to achieve an unbelievable return on investment. This top venue now just needs the right owner / operator to fill the gap in an industry niche ripe with opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is located in a 14,000 square foot facility that leases for $30,000 per month (including CAM). The lease offers a five year term with multiple options. The sale includes all the assets of the business including the name, build-out, equipment, furniture, fixtures, computer equipment, customer base, goodwill, website, as well as a full liquor license and entertainment permit.
Market Competition and Expansion:
Competition is considered medium as other bars and restaurants exist in the area, however there is no facility that compares with this one in terms of size, style, layout or potential.
This business has a great deal of room to grow. The current owners have been operating the business under capitalized, thereby preventing the business from investing in the marketing and promotion campaigns necessary for this venue to develop the appropriate customer base.
Reason for Selling:
Restructuring
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.