Night Club Near Major Airport
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $650000
Net Profit / Cash Flow $170000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1985
Number of Employees 10 - 19
Inventory $375000 equipment only.
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide a full due diligence and transitional period.
Reason for Sale Retirement after many successful years.
Description A profitable Night Club for sale near a Major Airport and metropolitan area of Essex County, New Jersey. The business consists of two floors; first floor 1,800 square feet modern club including an ample bar area and a full kitchen. The Lounge setup is very modern for a high volume of business. The second floor is designed for private parties with a full stage, a large bar and bathroom facilities. The business is located near a popular Stadium which attracts thousands of customers. The opportunity includes a liquor license valued at $125,000. The business offers primarily drinks, minimal food and adult entertainment. The seller also owns the real estate property and will supply a long lease with an option to purchase the real estate, which is available through our real estate division. This is a very unusual opportunity and a definite must see location. Facility consists of 3,380 on the first floor with a large bar and a 1,200 square feet second floor for private parties. The facility has an indoor seating capacity for 110 customers. The seller will supply the new owner with a fifteen year lease or an option to purchase the real estate property. The real estate purchase is available through our real estate division. Proposed monthly rent is $4,500.
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