Owner Financing is Available!
Business Overview:
Highly successful, trendy night club and venue located in a prime area of Essex County, New Jersey. Minutes from The Newark International Airport, Newark Penn Station and The Prudential Center, this New York style night club consists of 3,600 square feet with an indoor capacity of 185 customers. The nightclub offers a full stage for select disc jockey performances or live entertainment complete with a dance floor, a separate area for private functions, multiple bars, a VIP section and a full kitchen. The building s unique design allows for both indoor and outdoor business year round. It was recently fully upgraded, making it a much more contemporary facility, known for its outstanding sound and lighting system. The sale includes a commercial kitchen, New Jersey state liquor license, refrigeration, point of sale computer system, numerous displays, etc, representing a value of $375,000. The building has a legal capacity for 185 customers in 3,600 square feet, full basement. Adequate municipal parking is available at this location. The business operates Tuesday through Sunday 8 pm to 3 am. A New Jersey State issued plenary retail consumption liquor license. The sale includes a new fifteen year lease term with a $6,000 monthly rent. The business generates a consistent, impressive income from food, beverage sales, entrance fees and special events, resulting in a generous net income to the owner. A long term lease with reasonable rent will be supplied as well as an option to purchase the real estate.
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.
Market Competition and Expansion:
Due to the specialized design and the lack of new liquor licenses, no other competitors exist in this particular area.
Reason for Selling:
The seller is in an alternative industry.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.