Nightclubs for sale
Revenue Avaible on request, Cash Flow Avaible on request, Established 2000
SUBMIT OFFER- Rare combination of a Nightclub/Sports Bar/ Restaurant that encompasses 8,600 sq. ft and state of the art venue. The business closed its door in the beginning of August but the seller spent over $800k in equipment and build out and the location is all intact. The landlord will offer a new long term lease but the buyer must have strong financials, good credit and own and operate a restaurant or similar business or have a strong business plan, concept and menu. The rent is $2.28 per sq. ft & .48 CAM. For entertainment there are over 60 plasma screens along with an 8 foot drop down HD projection screen as well as intimate booth seating also equipped with TV's. The sales in 2010 were $3.4 million and the drop can be attributed to the fact that the ownership was completely absentee operated. All of the elements are in place for the right owner who has the experience and wherewithal to operate this type of business and take to high level. There would not be any restrictions to changing the name, menu, concept, and there is great value in the 47 license and entertainment license, especially with the profit margins in the nightclub. The location is excellent and very accessible to the major freeways and close to Angel Stadium and plenty of parking. The business is offered as an Asset Sale. This is a MUST SEE for you will realize how much money the current owners invested in the business with this rare combination of food, sports, and nightlife. SALES WERE IN THE 3.4 -3.6 MILLION RANGE LESS THAN 3 YEARS AGO.