Nite Club, Recording Studio, & Prime Real Estate For Sale
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $800000
Net Profit / Cash Flow $346720
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1973
Number of Employees 6 - 9
Inventory 775000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Owned
Training Will train the new partner for an eventual buy out. There are 2 exsisting partners- new partner will have 1/3 of everything
Reason for Sale Available partnership to turn into a full buy out.
Description 5,000 Sq Ft building on 1+/- acre of land on a corner of a busy road of prime property in Morris County w/ 2 separate businesses. Partners have owned the property for 40 yrs & are looking to retire, can be sold as a package or separately. Also consider a working partner. Recording studio can accommodate large groups & features 3 iso booths. There is a C7 grand piano, automated Amek 56 channel console w/Neve Mic pres & EQQs multitrack Analog recording. Many famous artists have recorded here, Keith Richards, Steve Miller, Eric Clapton & many others
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