Studio One 11

Cathedral City, CA
Riverside County

Shopping Center


Asking Price: Annual Revenue:
$299,000 $343,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Studio One 11 Broker: Robert T Hughes
License #: 01366091

Quick Facts

Asking Price: $299,000
Annual Revenue: $343,000
Net Profit: Not Disclosed
Cash Flow: $54,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 6
BBN Listing #: 971151177
Broker Reference #: Not Disclosed

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Business Overview:

Studio One 11 is a Eurostyle lounge with a warm and relaxing atmosphere catering to LGBT community. It is the perfect place to go for an after work drink or nightly entertainment. Let their friendly attentive staff help you enjoy the afternoon or evening. They also feature live entertainment! Located in a busy center with ample parking and across the street from a shopping center that is anchored by Target and Trader Joe’s. This lounge has seating for approximately 140 patrons and a 48 Liquor License is included in the sale price. Please call broker for more information.

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Reason for Selling:

Retire

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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