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Businesses For Sale   >>   Nightclubs Businesses For Sale

Nightclub / College Bar For Sale

Location  Illinois,United States
Asking Price Range  $250K - $500K
Gross Revenues  $651864
Net Profit / Cash Flow  $136812
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1986
Number of Employees  20 - 34
Inventory  120000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  2 weeks 20 hours / week.
Reason for Sale  Other interests.

Description  
Hottest Bar/Nightclub in a college town. This club for sale is filled with a capacity crowd 4 nights a week. Been in business for over 20 years. Remodeled within the last year. The Property is also for sale for $500,000. This is 5,500 sq ft on the main strip in a college town. Owner has not been on premises for 2 years and profits are still growing. Current management willing to stay on or an onsite owner could make the business even more profitable. The price of the business is $260,000. That is less than 2 years net. The current lease is favorable, and the property owner is willing to negotiate a new lease as well as negotiate favorable terms to purchase business and property together.


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