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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

Cocktail Lounge / Nightclub

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $420000
Net Profit / Cash Flow  $117600
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Description  Cocktail Lounge/nightclub In Desirable Mid Peninsula City With $118,000 Profit Price Reduction RRC#: 1760 Asking Price: $245,000 Location: Mid Peninsula, Desirable Peninsula City, California Yearly Revenue: $420,000 Yearly Cash Flow: $117,600 Monthly Rent: $5,572 LISTING DESCRIPTION: A cocktail lounge in a desirable peninsula city with long bar and comfortable lounge area. Dancing, live music and DJ music are all allowable. There is a DJ booth with sound and lighting equipment including JBL monitor, 2 Crown amps, 4 JBL M pro speakers, Furman conditioner, 2 - 800 MK2 Pioneer, DJM 600, 2 Technics turn tables SL-1200 MK2 and a max x 3 crossover. There is upside for additional days and hours of operation as the business currently runs only 4 days a week between 7p and 2a. Some of the additional equipment includes as follows: ice machine, 15 ottomans, 8 - 4' cocktail tables, 2 - 5' cocktail tables, 2 Sony flat screen TV's, 3 compartment sink, 3 ice jockeys with speed rails, single sink, black couch, 3 Casio registers, popcorn machine, hot dog steamer, walk-in refrigerator, 2 door under counter refrigerator, back bar, 11 bar stools, L shaped couch approx. 4' x' 4', couch, approx. 4' x 34' couch, 3 SMC 14'' fans, micro phone, 5 crowd control poles, nacho cheese machine, HP laser jet 2600N printer, fax scan super G3 and HP scan jet 3110, etc. There are also 2 restrooms and an upstairs storage and office area. GENERAL INFORMATION: Organization: Corporation | Seating: 100+ | Square Footage: 1,600 approx + upstairs area | Parking: Street | Licenses Required: Business, ABC Type 48 (hard liquor) | Days Open/Hours: 4 / W-SA 7p-2a | Reason For Sale: Other interests | FINANCIAL INFORMATION: Yearly Revenues: $420,000 | Yearly Cash Flow: $117,600 | LEASE INFORMATION: Monthly Rent: $5,572 | Lease Expiration: 11/30/14 | Yearly Adjustment: CPI | Lease Option: Negotiable | FINANCING INFORMATION:
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