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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale Categories   >>   

Adult Club Business For Sale, Bar Business For Sale, Bar Restaurant Business For Sale, Brew Pub Business For Sale, Gentleman Club Business For Sale, Irish Pub Business For Sale, Night Club Business For Sale, Pub Business For Sale, Sports Bar Business For Sale, Strip Club Business For Sale, Tavern Business For Sale

Night Club And Members Lounge For Sale

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $700000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  10 - 19
Inventory  150000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Description  Symbol is a semi private club located in the heart of downtown Windsor, also known as the entertainment district. More precisely it is located on the busiest intersection downtown, University and Ouellette. It is a moderately new venture, as renovations which neared the $500,000 dollar mark finished in the summer of 2010. There are four separate areas within Symbol; a 4,000 square foot state of the art nightclub located on the main floor, a piano lounge, cigar lounge and rooftop courtyard on the 2nd floor. The total renovated area is 12,000 square feet including the basement. The first year of business was a modest success, in which the membership list grew to nearly 100 members, and the dance club enjoys an average foot traffic of 1,200 customers per weekend. Seller financing is available! The purchase of Symbol includes all corporate material, copy rights and trademarks etc, as well as all the corporations' assets. These assets include but are not limited to; - $500,000 worth of recent lease hold improvements (completion date June 2010) - Inventory totalling approximately $15,000 in goods - Liquid rent and utility deposits totalling $25,000 - $75,000 in bar fixtures, furniture, sound equipment etc. - 2006 Lincoln town car limousine, book value $30,000 - Current membership asset on renewal of $75,000 -Current sales level average of $9,000/week -15 year negotiated lease, with under market value price/sq. ft and first right of refusal
Click Here To Contact Seller

    

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