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Remodeled Nightclub - Desirable Downtown Location

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $687000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Description  Remodeled Nightclub In Desirable Downtown Location RRC#: 1757 Asking Price: $350,000 Location: Desirable Downtown Locale, North Bay, California Yearly Revenue: $687,000 Yearly Cash Flow: Contact For Info Monthly Rent: $11,000 all inclusive LISTING DESCRIPTION: Over $400,000 was recently spent in building out this newly remodeled night club located in the downtown of a popular north bay city. This club has been in business under several owners since 1942. Major construction was completed including new plumbing, new electrical as well as a tastefully designed interior. There are new light fixtures, custom designed seating, a granite bar top, hardwood floors, a new box office, brick walls, a new sound and lighting system including a new DJ booth, an additional new bar and new stage installed. There is also a full kitchen, several storage areas, 2 ADA restrooms and an employee restroom. Some of the equipment is owned by the landlord but the tenant has the right to use it during its tenancy. Some of the equipment includes as follows: 3 flat screen TV's, projector TV, Aloha POS system with 4 monitors and several printers, 2 - 2 door under counter refrigerators + 4 taps, 3 door under counter refrigerator, 3 - 3 compartment sinks (1 with rinse hose), 3 ice wells, 4 hand sinks, 3 utility sinks, under counter dishwasher, 2 -2 door under counter refrigerators (1 with sandwich station), coffee grinder, coffee maker, ice machine, 2 full door freezer, 2 full door refrigerator, dishwasher, dishwasher sink + rinse hose, 13' type 1 hood with fire suppression system, convection oven, under counter refrigerator, 3 compartment steam table, 2 double basket fryers, 3' chargrill, 6 burners over oven, 2 full door glass refrigerator and mop sink, etc. The current operator has not been able to maximize this business opportunity due to health issues and other personal issues.
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