Nightclub

Nightclub

Available

$199,000.00

Listing Number :

 3518

Status :

Expired

Price :

$199000

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Area

6500

Description

For sale is a night club, dance club in Contra Costa County that occupies approximately 6,500 sq.ft. of space lease thru. May of 2021 with a base rent of around $19,500 and with CAM totals almost $25,000, monthly. Occupancy = 299. Current limited hours of operation requires only 25 employees with an average payroll of around $11,000. Monthly gross sale reported between $75,000 and $90,000 with net to owner around $5,000. Full Kitchen, large hood with Ansul type fire protection device & grease trap located outside. The dish washing machines are leased along with the music system and POS system. the DJ’s own their own equipment and with exception of a few personal tools, office computer and printer – everything you see in the nightclub is included in the asking price. Full liquor license type 47 with no operation restrictions, no disciplinary history or action reported.

3518

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 1989
Year Purchased: 2017
Business Type: Nightclub
License(s) Required: Business, Health, ABC
Hours of Operation: Wed.thu 6-12.30/Fri/Sat. 6-2am
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3518
Date Available:
Reason For Sale:
Annual Total Revenue: 1020000
Annual Net Income: 60000
Inventory:
Monthly Payroll: $11000/m
Lease Information
Base Rent: 19699.56
Lease Expires: 2021
Lease Option:
NNN:
 
Financing Information
Down Payment: 199000
Owner Will Carry:
Other Finance Terms:

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