Nightclub - Exposition Park
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $582133
Net Profit / Cash Flow $47972
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 4 - 5
Inventory 53500
Relocatable No
Number of Employees 4 - 5
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 To free up owner time and management to focus on new restaurant / club venture.
Description Opportunity to purchase well established, professionally operated, profitable nightclub in Exposition Park just across the street from the Dallas Fairpark Music Hall and Centennial Hall. Quaint area of enterprise galleries, lofts, shops, a video store, salon, couple of restaurants and a coffee house. Business can best be described as a dance/music hotspot for a mixed clientele welcome to anyone on the weekends with a neighborhood feel for the after work crowd looking for drink specials during the week. Decorated with a Far East touch creating an exotic, fun, cool, comfortable atmosphere. View website at minclounge.com. Asking price is $175,000. All financial information is based on a 4 year average ending 12/31/07. For more information on this nightclub operation for sale, please email or ontact Stocker Travis at 972-783-1662.
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