Hermosa Beach Nightclub 1.6M Buildout 360K Net, 10K Sqft.
| Asking Price: | $1,100,000 | Inventory: | $25,000 ** |
| Gross Revenue: | $1,200,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $360,000 (comments below) | FF&E: | $600,000 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: Projected |
| Cash Flow Comments: Projected |
Massive Nightclub With Multiple Bars, Themes, Etc.Enough For The Experienced Promoter Or Current Dance Club Or Bar Owner To Expand And Have A Presence In The Affluent South Bay. Tons Of Room, Great Buildout, Full Kitchen, 3 Offices, Shower And Personal Office Space And Couch For Those Long Nights When You Just Need To Crash At The Club. Long Term Lease 9.5 Years, At Below Market Rate, 25,000 For 10,000 Square Feet Per Month. Seller Will Carry If The Price And Terms And Buyer Is Qualified. Some Parking, A Rarity, Is Also Included And A Tremendous Asset In This Beach City. High Cash Flow Business, So Physical Observation Will Be Primary Avenue For Books And Records Approval. Dance, Live Entertainment, All Permits Included. Nda Is Mandatory For Exact Business Identity.
About the Business
Employees:15 part time
About the Sale
Management Training and Support:2 weeks, 40 hours per week.
Reason For Selling:Other business interests.
Seller Financing:If buyer is qualified, let's make a deal!
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