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Businesses For Sale   >>   British Columbia Businesses For Sale

Premier Night Club For Sale

Location  British Columbia,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $1230445
Net Profit / Cash Flow  $331692
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1985
Number of Employees  35 - 49
Relocatable  Not Disclosed
Number of Employees  35 - 49
Real Estate  Leased
Training  Owner will help buyer with 21 days of training
Reason for Sale  Family

Description  
The Okanagan's premier Night club offering live bands and the best night time entertainment We are the Okanagan Valley's Premier Nightclub bar/nightclub. With a total capacity of over 400, this club also offers the option of two fully equipped rooms with two sounds and separate entrances as well as two dance floors. This 10,000sqft club is tiled throughout with five bars equipped for a minimum of two bartenders each. Operating only 3 days a week (Thursday - Saturday and Sunday's on long weekends) out of a possible 7. In addition there are two VIP Service Bars that support the eleven VIP tables and one mezzanine for larger groups. Set up with the ability to host all kinds of events from live DJ's to live bands. Excellent lease in place with options to renew at very reasonable rates. There are endless opportunities for a new owner to expand this already successful business. Top of the line JBL & MARTIN sound systems, new DJ equipment, paint (inside and out) , awning & gates, two Servall Data Systems, 6 MICROS POS stations plus main station in the office. Facilities: Operates from a 10,000+sq ft. facility with a long term lease in place. Growth/Expansion: Room for growth and expansion Reason Selling: Family


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