Night Club With Live Entertainment
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $750000
Net Profit / Cash Flow $195000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1985
Number of Employees 10 - 19
Inventory $375,000 equipment only.
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will supply a full due diligence and transitional period.
Reason for Sale Retirement.
Description A popular Night Club for sale, located in a high traffic, commercial area and very close to the Newark Airport of Essex County, New Jersey. The business consists of two floors, with the first floor a 1,800 square feet Dance Club with a large Bar and a full kitchen. The second floor is designed for private parties and includes a full stage and an additional bar. The busines provides primarily drinks and Pub food. The entire facility was recently upgraded for a modern appearance. This opportunity includes a liquor license valued at $125,000. The seller owns the real estate property and will supply a long lease to the new owner or an option to purchase the property as well. This is a excellent investment and business opportunity!
Business facility consists of two floors for a total of 3,380 square feet with an indoor seating capacity for 110 people. 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. A valuable liquor license is included in the sale. Parking is also included.
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