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Available: Nightclub - With DJ And Dance Permitted - Hollywood, Los Angeles Area

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Current Status: Active     Posting #: 229256     Last Refreshed: 2/9/17    
Contact: Ryan Clark At 310-652-8353  -  Also Email This Contact Below
Price:  $750,000     Down:  $750,000     Adjusted Net:  Call     Revenue:  Call    
Business Address:  None Given     City:  Los Angeles     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Hollywood, Los Angeles Area Nightclub - With DJ And Dance Permitted Business For Sale

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For Best Results & Response, Email & Phone This Contact: Ryan Clark at 310-652-8353.

  Description About This Posting: Nightclub - With DJ And Dance Permitted
This Hollywood nightclub is permitted for Disc Jockey based entertainment and patron dancing. The ultra-attractive venue boasts two bars, a kitchen (without a hood) and two elevated disc jockey booths, a state of the art sound and lighting system, a central dance floor and a second floor mezzanine level with its own seating, patron bar and VIP Areas.

Amongst other things, the Conditional Use Permit calls for the following:

* Liquor permitted 11 am 2 am; 7 Days; from 8 am on Saturday & Sunday
* 125 Seats
* No after hours
* Up to 10 seats permitted on patio
* No enclosed customer booths
* A Bona Fide restaurant must be maintained with an operational kitchen, and a menu maintained with a food assortment normally offered in such restaurants.
* Food off a full menu shall be available at all times during normal business hours
* There shall be no age restrictions on restaurant patrons
* Disc Jockey and Dance permitted from 8 pm to 1:45 am on 1st floor; No bands
* Public dancing on ground floor only, only after a Dance Hall permit is secured from the Police Commission
* Music shall not be audible beyond the restaurant
* No adult entertainment
* No line queuing; only front door for patron access
* No billiards, electronic games, darts, etc.
* No membership shall be required for admission
* No admission or cover charge permitted
* Premise shall not be rented out or contracted to any 3rd party promoters
* Shall be 1 Security Guard per 50 patrons
* Conditional Use Permit (NOT ABC Conditions) to Expire 10/07/22

The ABC Conditions (primary items; amongst other things)

* 11 am 2 am service; 7 days
* 50% food sales
* No happy hour
* Jurisdiction over adjacent parking lot given up due to valet service
* Rear door to be close, with automatic locking device

This 4,500 square foot night club leases for $15,500 per month plus triple net expenses on a lease until 12/2020 with options to be negotiated in the sale. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included. Any remaining wine and liquor inventory will be sold at cost at close in addition to the asking price.

Hollywood is the epicenter of Los Angeles's nightclub scene. As such, competition naturally exists. This venue has historically been the site of many highly successful operations, and may very well be once again as it boasts the coveted quaint size, build-out and overall ambiance that has been the most sought after in the past 2 years.

New operators may wish to take this venue in any number of directions. As it is not currently in operation and has not been for at least 2 years, they will have a 1/2 1/2clean sleight' from which to freshly launch their concept.

Training: 2 Weeks at 20 hrs/wk.

To get more information about this Nightclub - With DJ And Dance Permitted business for sale in Hollywood, Los Angeles Area please phone Ryan Clark (Broker) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #229256 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Nightclub - With DJ And Dance Permitted, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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