Profile: High-End Bar / Nightclub With Live Entertainment In Ventura County.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$850,000 |
| Down Payment: |
$320,000 |
| Annual Revenue: |
$1,003,000 |
| Annual Adjusted Net: |
$402,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Great Nightclub With Live Entertainment Is Now Available For Acquisition. This Is A Popular Hangout For Upscale Professionals And Is Walking Distance From The Beach. The Space To Spare Is Approximately 3,000 Sq Ft With An Additional 3,000 Sq Ft Fully Fenced Patio With Two Separate Bar Setups. The Outside Section Has Several Private Cabanas For The Vip Customers. The Owner Spent An Excess Of 200,000 Of Tenant Improvements. This Nightclub Is Only Open 3 Nights A Week, Thursday Through Saturday From 9pm To 2am. The New Owner Can Dramatically Increase Income By Adding Additional Nights Of Operation As Well As Adding Food Items To The Mix. The Current Owner’s Purchased This Long Time Established Venue Less Than A Year Ago. Medical Emergency Is Forcing A Quick Sale. 450,000 Assumable SBA Loan Is Available For A Qualified Buyer. There’s Little Competition In This Area And With The Right Owner, This Business Can Flourish To The Next Level. Ff&e’s Are Included In The Asking Price As Well As 5,000 Of Inventory On Hand, And An Excellent Four Year Lease With A Five Year Option. For More Information On This Listing, Please Contact The Associates Business Brokers At (213) 624-6500, Or E-Mail Us At Info@theabb.Com.
Asking Price: 850,000.
Down Payment: 320,000 Down Plus Assumable SBA And Personal Loans.
Gross Revenue: 1,003,000.
Net Income: 402,000.
Dre Lic. No: 01402579.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Laszlo Nemeth CBI, Broker at 213-624-6500 |
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