Nightclub For Sale
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $1000000
Net Profit / Cash Flow $411000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 1 - 3
Inventory 20000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Moving.
Description We are asking for $200,000.00 negotiable. Xanadu Cabaret is in a strip mall. Our Gross Revenues are so low because of major road construction in front of the building which is finished, leaving a 5 lane hwy. The road construction lasted for 2 years, and almost shut us down. The phone number is 419-381-6710, please call after 2 pm Eastern Standard time. The facilities are for sale, including the equipment needed for running a club and restaurant.
Xanadu Cabaret has been in existence for 10 + years. This club is a go go type business, with no liquor ticket attached. There are liquor tickets available for this area. This facility can be used for any type of club or business.
We have done $70,000.00 worth of leasehold improvements last summer. the whole facility has been freshly painted, we added additional rooms as well. The stage has been resurfaced. There are 2 rooms on each side of the main room that can be used for VIP rooms. There are 2 elevated platforms on each side of the DJ booth with a counter for VIP seating. There are 2 dressing rooms behind the stage, one with a full bath. There are 2 office spaces, one with a full bath. There is also a small laundry room and a storage room. There is a smoking patio off of the main room, and the back of the club is fenced in for outdoor activities. There is a grass area with new fruit trees and an active garden. There is also a tool shed in the back of the building next to the lawn area. There is also a big outbuilding, a new addition, that can be used for anything with 3 patio doors and 6 windows.
The DJ booth is computerized, but also has a 300 cd disc changer as well. There is a projection screen that pulls down, and cable hookup is available. The kitchen is setup for a simple menu, and we have always had perfect health inspections for the entire 10 years we have been in business. Contact for more information on this Nightclub for sale.
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