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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   >>   New York Businesses For Sale Categories   >>   

Night Club For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $508000
Net Profit / Cash Flow  $105600
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1965
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  Well Known Large 12000 sf Long Island dance club & night club Open 5 days per week. Established 50 years all permits grandfathered in with occupancy for 600 people. This great place is located in a very desirable location on main route with great viability. The have parking for hundreds of cars. This great place has a complete separate smoking section inside it also has 3 bars large dance floor, DJ boot out side patio & a kitchen area. This club offers catering,DJ,dancing Live bands & entertainment. This club is available for sale with or without property. Real Estate is available from PMTG Realty for a additional $1.750,000 total asking price for business with real estate is $2.3 Contact Agent & Broker Jim Aloi 631-375-4100 Real Estate taxes are $60k yearly! Seller will hold a ten year mortgage for qualified buyer who buys business and real estate and has about 40 percent to put down as down payment. This is prime Real Estate Great for a lot of different businesses,fast food,medical,catering hall etc. Sellers take out over $100k after paying them self $156,000 in rent. This club can be updated and open more hours which will greatly increase cash flow. Promoters pay for entertainment. Very low payroll- shift pay for most of staff. This club is 90 percent liquor. If buyer buys real estate and business asking price is $2million with $600k down seller will hold 10 year note for balance at 7% interest..... Business only $350,000.
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