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Business For Sale
NIGHT CLUB IN LOS ANGELES!
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Asking Price: |
$800,000
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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1970 |
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Yearly Cash Flow:
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$1,000,000 |
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Yearly Gross Income:
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$4,000,000 |
Business for Sale Overview:
The tremendous opportunity to acquire a night club inside a landmark building in Downtown Los Angeles. The original “Stock Exchange” building was built in 1920, 3 story, valet parking on the back. Beautiful marble entrance, 20,000 square feet Main floor and mezzanine can easily accommodate 500 patrons or more. Great location with cash based demographics. Potential owner will be able to lease the space for numerous movie productions which take place in the club. Private rooms, 4 bars, 48 License, Night club license (3am), Entertainment License, Night Club is not operating right now, however, it was a very successful operation in the 70’s and 80’s. Everything ready for the successful operator with a vision and funds for minor remodeling and upgrades to create the “Landmark Club” inside the “Landmark Building”. Excellent lease until 2023 plus options.
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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