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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   >>   Illinois Businesses For Sale Categories   >>   

Nightclub / College Bar For Sale

Location  Illinois,United States
Asking Price Range  $250K - $500K
Gross Revenues  $651864
Net Profit / Cash Flow  $136812
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1986
Number of Employees  20 - 34
Inventory  120000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  2 weeks 20 hours / week.
Reason for Sale  Other interests.
Description  Hottest Bar/Nightclub in a college town. This club for sale is filled with a capacity crowd 4 nights a week. Been in business for over 20 years. Remodeled within the last year. The Property is also for sale for $500,000. This is 5,500 sq ft on the main strip in a college town. Owner has not been on premises for 2 years and profits are still growing. Current management willing to stay on or an onsite owner could make the business even more profitable. The price of the business is $260,000. That is less than 2 years net. The current lease is favorable, and the property owner is willing to negotiate a new lease as well as negotiate favorable terms to purchase business and property together.
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