Stylish Martini Lounge & Dance Club
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $450000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1982
Number of Employees 1 - 3
Inventory $225,000 equipment & $10,000 inventory.
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Absentee owner.
Description A Martini Lounge & Dance Club for sale with live entertainment located in an excellent area of Middlesex County, New Jersey. The facility was recently upgraded to include a beautiful bar, modern restrooms and an attractive dance floor. The facility also includes a full kitchen and a private office for the owner. The business produces $500,000 in yearly sales with a solid net income for the owner. The sale includes a consumption liquor license with a real value of $250,000. The business is presently closed because the owner has elected to enter the Corporate world but the location has enjoyed much success over the years. The seller has priced the package (liquor license and business with full lease and real estate option) very reasonably and will consider financing. Please contact for further information. Facility consists of two floors on 1,550 square feet with an indoor capacity for 90 people. An existing nine year lease is available for the new owner with additional options. Private parking for forty vehicles is included in the sale.
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