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  • RE:  Night Club & Hookah Lounge
  • Contact:  Azi Manoussi
  • License #: 01436063

Quick Facts

Asking Price: $595,000
Annual Revenue: $1,700,000
Net Profit: $250,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: Not Disclosed
BBN Listing #: 512025717
Broker Reference #: Not Disclosed

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Business Overview:

Clean Books & Records. E-2 Visa Pre-Approved. Over $20,000 Net profit per month and being open only fromThursday-Saturday nights. Sundays are reserved for private events. This Established night club/restaurant/hookah lounge has been open for over 36 years in the heart of Los Angeles. The sale includes all fixture, furniture, equipment, full kitchen, 47 liquor license, catering license & live entertainment license. This is the first time this business is on the market for sale and it will not last.

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Property Features and Assets:

5,700 square feet of indoor space and 2,000 outdoor space.

Reason for Selling:

Partnership Dispute.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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