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BUSINESS FOR SALE - PROFILE #
4181-394 |
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394 Reduced - Instant Equity Nightclub Real Estate
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Executive Summary
Largest capacity club of its type in the area. Entertainment is available on two levels with three bars. The price on this business property has recently been dropped to only $300,000 for the real estate & nightclub business assets. The real estate is currently assessed by the city at $415,100 making this a great opportunity for the new owner. Instantly gain more than 25% equity in the real estate! The nightclub has not been operating since May 2010, but had generated annual gross sales between $225,000 and $300,000 during the last 7 years. Along with this property, a second parcel that is used as a parking lot for the business is also available per listing 4181-578. There is a 3-bedroom apartment above the club that would allow for an on-site manager/owner. This apartment could also be rented out for around $800/month. A real estate investor would be making enough money to pay for an on-site manager and still make profit from this business alone. All reasonable offers will be considered, this will turn out to be a great investment for anyone who has wanted to run a bar or club or has an experienced person they would like to put in charge of the day-to-day operations. The owners are now divorced and just want to sell their property/business so that they can move on with other business interests.
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* Adj. Cash Flow -
Recasting provides an economic view of the company and allows meaningful
comparison with other investment opportunities.
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DISCLAIMER: All information contained in this document has been
provided by the subject company or its agent, and while believed to
be correct has not been verified. Accordingly, we makes no
representations or warranties as to the accuracy and truthfulness of
such information. The recipient hereof acknowledges that we shall
not be liable for any loss or injury suffered by said recipient in
any way connected to the delivery by us of this document. At all
times we are an agent for the seller and not for the buyer unless a
specific agreement exists for us to act as the buyer's agent.
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