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BUSINESSES FOR SALE

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

Lux Lounge In NYC - Celeb Hangout

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $9300000
Net Profit / Cash Flow  $1400000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2009
Number of Employees  10 - 19
Inventory  600000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Offered by seller. 30 day term for transition support.
Reason for Sale  Moving out of state.
Description  Lux night club/lounge in SoHo section of NYC. This location boasts of 3 floors, hi-end build out and furnishings, and consistent celebrity appearances on any night of the week. The rent is below market with 4 years remaining and contains a 5 year option that extends into 2021. Recent build out provides new ownership with a turnkey operation. Seller is moving out the the West Coast and is highly motivated. Facilities: All internal assets are included in sale. Contracts and deals with promoters can be included as assets as well if desired. Below market rent with 4 years remaining and rental option that extends to 2021. Competition: Great location, reasonable rental terms, and repeat celebrity guest appearances or parties hosted by models, athletes, and film starts make this an attractive listing. Recent remodeling and build out of a second major profit center means that this business is essentially turnkey. Growth/Expansion: Continued work with radio DJ's of various genres of music to produce special nights for various types of crowds makes this place an absolute melting pot from night to night. One area is suitable for hookah service. Any amazing Happy Hours specials attract young professionals from all over the city and provide easy transitioning into the evening. MOTIVATED SELLER. PRICED TO SELL. Support/Training: Seller will assist buyer in maintaining contacts and contracts with promoters and the other crucial business contacts that helped the club remain busy 6/7 days a week. Reason Selling: Seller recently opened a larger club on the West Coast and is moving his base. If interested, please contact Marlon Gray at 908-907-7777 or email.
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