Night Club - 21290

Nassau County, NY
Nassau County


Asking Price: Annual Revenue:
$850,000 $508,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Night Club - 21290 Broker: Jim Aloi

Quick Facts

Asking Price: $850,000
Annual Revenue: $508,000
Net Profit: Not Disclosed
Cash Flow: $105,600
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1974
Employees: 3
BBN Listing #: 37364447
Broker Reference #: 21290

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Business Overview:

Well Known Large 12,000 square feet Long Island dance club & night club Open 5 days per week. Established 50 years all permits grandfathered in with occupancy for 600 people. This great place is located in a very desirable location on main route with great viability. The have parking for hundreds of cars. This great place has a complete separate smoking section inside it also has 3 bars large dance floor, DJ boot out side patio & a kitchen area. This club offers catering,DJ,dancing Live bands & entertainment. This club is available for sale with or without property. Real Estate is available from PMTG Realty for a additional $.800,000 total asking price for business with real estate is $850,000. Seller will hold a ten year mortgage for qualified buyer who buys business and real estate and has about 40 percent to put down as down payment. This is prime Real Estate Great for a lot of different businesses,fast food,medical,catering hall etc. This club is now closed and need updating price was at $2million now $850,000 .

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Reason for Selling:

Personal.

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.

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