Night Club Restaurant Bar-land & Buildings included

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Asking Price:
$1,190,000

Gross Revenue:
$300,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$200,000
included in asking price

Real Estate:
$695,000
included in asking price

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Business Description

The purchase of this business includes the buildings and land***** The business can be purchased separatelyfor a Price of $495,000.This is one of the largest Night Clubs and Restaurants in the Inland Empire. It has been totally refurbished in the last two years. It consists of two buildings and a large patio with a dance floor and separate DJ Podium, along with a large stage for bands. The Bar is impressive with special effects creating a unique experience of entertainment. The menu is outstanding and prices for cocktails and food are very competitive. The Lounge takes pride in booking private parties and entertainment events on a monthly basis. There are General Admission Prices from $15.00 to VIP of $25.00. There is also a monthly Comedy Show with a variety of entertainers. It is not very often that a Night Club and Restaurant of this size and Class comes on the market in Southern California.

About the Business

Year Established:
2016
Number of Employees:
3 Part -time
Real Estate:
Owned
Building Sq. Ft.:
7,500
Facilities:
This is one of the largest Night Clubs and Restaurants in the Inland Empire. It has been totally refurbished in the last two years. It consists of two buildings and a large patio with a dance floor and separate DJ Podium, along with a large stage for bands. The buildings consist of 7500 square feet, Plus large patio, and Full kitchen
Market Outlook/
Competition:
This is a totally refurbished Restaurant/Night Club with an entertainment license. It is one of a kind in the inland empire. Only open four nights a week.
Growth & Expansion:
Buyer could have live music every night and could open for lunches which would provide 30% more income.
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About the Sale

Reason For Selling:
Owner is moving out of state.
Training/Support:
30 Days of training by the Owner plus contacts for Bands and DJ's

Listing Info

ID:
1571618
Ad Detail Views:
29

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Business Listed by

Suzie Sales

UBI Business Brokers
License# 01347140

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