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For Sale: Nightclub Lounge - Santa Barbara County


Current Status: Active     Posting #: 241499     Last Refreshed: 11/13/19    
Contact: Matt Olufs At 805-222-0292  -  Also Email This Contact Below
Price:  $275,000     Down:  Call     Adjusted Net:  Call     Revenue:  Call    
Attributes:  Absentee Run, Training & Support, Owner Financing     Cooperation With Brokers?  Call

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For Best Results & Response, Email & Phone This Contact: Matt Olufs at 805-222-0292.

  Description About This Posting: Nightclub Lounge
Owner financing available!

This listing is for a downtown nightclub with an excellent customer base. Established and profitable for several years running.

Location is licensed for multiple bars, both indoor and outdoor, with a type 48 ABC license (full liquor with no food requirement). Separate dance floors and DJ booths are perfect for private party reservations. Smaller groups can enjoy the private seating and VIP bottle service. Features a licensed patio and separate performance stage for live music and special events.

ABC license is valued at $275,000 on the open market. The strong asset value and established customer base makes this an excellent investment opportunity.

The business shows increasing gross revenues with absentee ownership, while operating solely in the evening hours. An on-site owner operator could implement special events, open earlier for happy hours or sports packages, and tighten the payroll expenses that come with off site management.

Please contact compass first for additional details.

To get more information about this Nightclub Lounge business for sale in Santa Barbara County please phone Matt Olufs (Agent - BRE License #:01377218) at 805-222-0292 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #241499 on BizBen.com. In addition to phoning Matt Olufs, make sure you email Matt Olufs above to get more info about this Nightclub Lounge, to ask any questions or request an appointment to see this business for sale. Thank you.

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