Hot Nightclub With Liquor, Dancing & Entertainment
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2500000
Net Profit / Cash Flow $700000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1988
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training Owner will train as necessary and consult through transition.
Reason for Sale Personal.
Description The sale includes the liquor license, as well as all of the recently renovated furniture, fixtures and equipment necessary to continue to increase revenues and profitability. The massive facility occupies 10,000 square feet and leases for only $10,000 per month, on a negotiable lease with an option. The bars capacity is for 600 750 patrons, but the landlord has space available for the operator to offer banquet style special events.
Competition is considered very low, as this is the only sizeable dance, live entertainment, and special event venue in the area.
Several options for growth exist. At present the current operator have continued to grow the business on a month over month basis, and have increased the nights of operation beyond the traditional Thursday, Friday and Saturdays. New owners will seek to capitalize on the recent renovations, and the tremendous momentum that the club currently has by continuing to offer quality entertainment with a fantastic vibe, but without the Hollywood nightclub style attitude and hassles. Contact for more information on this nightclub for sale.
Asking $1,000,000.
Click Here To Contact Seller
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