Established Restaurant/Nightclub for Sale

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Asking Price:
$285,000

Gross Revenue:
$600,000
Cash Flow:
 Not Disclosed
EBITDA:
$112,000
Inventory:
$40,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

The Kasbah has an exclusive and hip vibe with parties, music and amazing food. The business features a variety of events including poetry readings, line dancing, fashion shows, national musicians, weddings, graduations etc. The 6500 SF space features 3 bars with an occupancy of 300 people, including an outdoor patio area. The parking lot has a capacity for 100 spaces with additional capacity at neighboring businesses. The restaurant/ catering business, Uncle Bos, showcases cajun/ soul food cuisine.

About the Business

Location:
Aurora, Colorado
Year Established:
1997
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
6,500
Rent:
$6,600.00 Per Month
Lease Expiration:
2/27/2026
Facilities:
The space includes 3 bars, restaurant area, kitchen, dance floor, stage, VIP areas, and office.
Website:
www.thekasbahaurora.com/
Market Outlook/
Competition:
This is one of two allowed establishments with a hotel/cabaret license in the City of Aurora. There is no other nearby establishment offering the same type of size and atmosphere for musical and celebratory events. With its reputation in the community, the business has a very established following.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The owner is willing to provide up to 3 months of training

Listing Info

ID:
1600330
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Sales Brochure (2 MB)
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Business Listed by

Charlie Cummings

Keller Williams DTC (KW Commercial)
License# FA.100072637

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