High Volume Night Club For Sale
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $779275
Net Profit / Cash Flow $131287
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 10 - 19
Inventory 115000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide 30 days on-site training after purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of training and sign a no competition agreement.
Reason for Sale Absentee owner desires to divest to focus on other unrelated business interests.
Description Sale of business extremely confidential! Employees and customers not to know of seller's intentions. Proof of financial ability & non-disclosure required before any information will be shared! No exceptions.
Opportunity to purchase one of the highest grossing, most popular nightclub spots in the Dallas area. Not your typical unpredictable "here today/gone tomorrow" nightclub situation; established by the same owner with the same name and concept and still going strong. Business operated by professionals who understand this type of business in the particular location and will pass that knowledge and experience on to a buyer.
Heavy weekend trade with professional, well known dj's all of whom have a serious following. Definitely not your average bar crowd. Mixed clientele includes the local smu students as well as those that are destination oriented from the outlying suburbs. Have even built a consistent following from as far away as Chicago and Washington, DC. Who like to stick with the traditional house music concept that this business built its reputation on.
Well thought out and consistently executed advertising, promotions and special events. Excellent website. Full kitchen with simple menu selling the typical bar fast food. Seller will provide 30 days on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after competition of the training and sign a no competition agreement. All financial information 100% provable backed by tax returns and tabc reports.
Extremely motivated situation. The financial and operational partners have decided to go their separate ways and move on to other ventures. The timing is perfect for a new management change to take this business to the next level. For more information on this Night Club for sale, email or call Stocker Travis at 972-783-1662. Asking price $425,000.
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