Downtown Night Club - Live Entertainment
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This long-standing Downtown Long Beach Night Club location occupies possibly one of the most prominent locations in the area. The versatile facility can thrive with a variety of concepts. Currently closed, the assets and opportunity are being offered for sale by the landlord. This location has all of the entitlements needed to operate a successful nightclub and lounge.
Asking Price $150,000.
This 8,000 sq. ft. space leases for a favorable $2 per square foot ($16,000/month) + NNN expenses of approx. $1,700. The landlord will execute a new 5 year lease, including three 5-year options. A Buyer will need to purchase and attach a new liquor license to the space at a cost of approximately $50,000.
There are a variety of nightclubs in the greater Long Beach area; however, this location makes it a prime choice in its immediate area.
Since it is currently not operating, there is nothing but growth potential.
Click Here To Contact Seller
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