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Business For Sale
RED HOT NIGHT CLUB
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Asking Price: |
$850,000
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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Absentee Owner has other interests |
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Year Established:
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2003 |
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# of Employees:
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15 |
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Yearly Revenues:
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$1,250,000 |
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Yearly Net Profit:
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$250,000 |
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Yearly Gross Income:
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$1,250,000 |
Business for Sale Overview:
This exciting opportunity is located in the heart of the Entertainment District in Fort Lauderdale. It includes numerous bars, VIP rooms and more. The business shows a bottom line well in excess of 200,000.
Property Features and Assets:
This is a freestanding building with approximately 6,000 square feet located in a high foot traffic location.
Market Competition and Expansion:
Several competing night clubs will soon be losing their leases and the competition will be less.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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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