Night Club
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $4000000
Net Profit / Cash Flow $1000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1970
Number of Employees 1 - 3
Inventory 20000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description The tremendous opportunity to acquire a night club inside a landmark building in Downtown Los Angeles. The original ''Stock Exchange'' building was built in 1920, 3 story, valet parking on the back. Beautiful marble entrance, 20,000 sq. ft. Main floor and mezzanine can easily accommodate 500 patrons or more. Great location with cash based demographics. Potential owner will be able to lease the space for numerous movie productions which take place in the club. Private rooms, 4 bars, 48 License, Night club license (3am), Entertainment License, Night Club in not operating right now, however, it was a very successful operation in the 70's and 80's. Everything ready for the successful operator with a vision and funds for minor remodeling and upgrades to create the ''Landmark Club'' inside the ''Landmark Building''. Excellent lease until 2023 plus options. Please email or contact Alex Levitan at (818) 640-8080 for more information on this night club for sale.
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