HSC - Entertainment Conplex Next to Convention Center

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Profitable Nightclub and Restaurant in Great Location!!
Asking Price:
$499,000

Gross Revenue:
$1,560,000
Cash Flow:
$275,000
EBITDA:
$275,000
Inventory:
$25,000
not included in asking price

FF&E:
$250,000
included in asking price

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Business Description

Entertainment Complex across from Convention Center in middle of central business district that is getting 400 million in new building and renovations over next 18 months .Complex has 3 different income drivers /profit centers with good labor/cost controls. Sales increasing monthly and building momentum. Business includes a newly renovated restaurant, a sing along pub along with the hottest nightclub in town.
Total Turnkey operation with managers in place.Current owner of 30 plus years wants to retire from industry. Lots of growth and upside in business.

About the Business

Year Established:
2016
Number of Employees:
3ft 57 pt
Real Estate:
Leased
Building Sq. Ft.:
12,500
Lease Amount/Mo.:
$12,650.00
Lease Expiration:
3/1/2027
Facilities:
11,000 on main floor with prep /storage on lower level
Market Outlook/
Competition:
Largest facility of its type in the community with 3 concepts.
New unique concept with multiple income drivers
Growth & Expansion:
Continue to grow the restaurant concept including private parties in adjacent space
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About the Sale

Reason For Selling:
retirement from industry
Training/Support:
2-4 weeks depending on new operator
Seller Financing:
$350,000 with terms

Listing Info

ID:
1447037
Ad Detail Views:
1265

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$
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Business Listed by

Jerry Vlaminck

Hospitality Services Corp.

 Show Phone Number

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U.S. Census Data for La Crosse County, WI
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Source: Decennial Census (2010), United States Census Bureau.

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