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Business For Sale

Nite Club, Recording Studio & Prime Real Estate

Morris, NJ

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,200,000
$800,000
Not Disclosed
$346,720
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1973
7
4229344

Business Overview:

Club,Recording Studio & Prime Property available. After 38 yrs, partners are looking to slow down. Interested in a wrkng partner to join them & eventually,new partner can buy them out.Bldg is 5,000 Sq ft, with of an acre of cmrcl land on a main street.Includes a Broad C Liquor license & Cabaret License. 15-25 girls dancing at all times.Studio can accommodate lrg groups,choirs,orchestras & features 3 iso booths. There is a C7 Grand Piano,Automated Amek 56 channel console w/ Neve Mic pres & EQs, multitrack Anolog Recording.

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:

$10,000 per month in rent, 5,000 sqft, 3/4 of an acre of land

Market Competition and Expansion:

Recording Studio is a 'c' corp, land and club are 'S' corps The club is open from 12:00pm till 2:00am. Saturdays till 3:00am.

Reason for Selling:

Available partnership to turn into a full buy out.

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.

Resources: