Nightclub $1.6 Million Buildout 10,000 Sqft
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1200000
Net Profit / Cash Flow $360000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks, 40 hours per week.
Reason for Sale Wants smaller operation.
Description Massive nightclub for sale with multiple bars, themes, etc. enough for the experienced promoter or current dance club or bar owner to expand and have a presence in the affluent south bay. Tons of room, great buildout, full kitchen, 3 offices, shower and personal office space and couch for those long nights when you just need to crash at the club. Long term lease 9.5 years, at below market rate, $25,000 for 10,000 square feet per month. Seller will carry if the price and terms and buyer is qualified. Some parking, a rarity, is also included and a tremendous asset in this beach city. High cash flow business, so physical observation will be primary avenue for books and records approval. Dance, live entertainment, all permits included. Nda is mandatory for exact business identity.
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