Night Club
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $699,000 |
$1,170,000 |
$265,650 |
Furniture and Fixtures Value:
$70,000 (included in the asking price)
Inventory Value:
$39,000 ( not included in the asking price)
Business Summary:
Huge and diverse night club with a very large customer base each week. Several dance floors with strobe lights a long with DJ’s playing music in this 16,000 sq. ft. facility. Private VIP rooms along with several bars. Private parties once or twice per month on Sunday’s. Huge own parking lot. Long lease in place with (3) five year options. New owner can get a similar lease if credit worth. For further information please contact Seth Kain at 908-851-9040 Ext. 287 or 201-317-4710.
|
|
| |
|
| |
|
| Year
Business was Established: 2004 |
| |
|
| Number of Employees:
22 |
|
| |
|
| Facilities / Terms of Lease:
See business description for this information |
|
| |
|
| Potential
Growth/Expansion:
Full service kitchen just opened recently. The grand opening of the new restaurant will be in mid-April. A new owner can expand the menu. Promoters cover a high percentage of the business advertising. A new owner could do some promotions, though. |
|
| |
|
| Competition:
Some competition in one neighboring town. The night club has a unique concept of “Latin” dance nights every Saturday night. |
|
| |
|
| Owner
willing to finance:
Owner is offering financing. The rate and the financing term are both negotiable |
|
| |
|
| Owner
willing to train:
Up to two weeks of seller training would be offered. |
|
| |
|
| Reason for selling:
The owner has other business interests. Cannot devote enough time to this large business. |
|
|
|
| REQUEST MORE INFO |
 |
|
