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Night Club

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$295,000 $286,880 $150,409

Furniture and Fixtures Value:
$80,000 (included in the asking price)

Inventory Value:
$0 (included in the asking price)

Business Summary:
Night club located in Bergen cnty. Shows well. . Liq. lic. valued 175 k. clean Licensed w/out any points..high end sound system valued 18 k. Surveillance camera.. fully computerized. New electric, plumbing. F.F.E.=80k . 2 bars. Brick paved backyard w/ cabana 30 x 25. dj booth and stage w/ lights.. C.O. for 240 persons. needs owner/operator to be hands in order to bring business to the next level.. seller rents out night club to the promoter on west indies night for apr $1,900 p/night and only has available to sell bottle of liquor. while the owner of club gets all of the proceeds from the front bar that serves mix drinks + door coverage for $ 20. Th-college night, fri-sat reggae booked till april.. 90% repeat customers. Other exp: pesticide. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.

 
   
   
Year Business was Established: 2007
   
Number of Employees: 2  
   
Facilities / Terms of Lease: 2,400 sq. ft., 5 years young. Lease available  
   
Potential Growth/Expansion: Do more West Indies parties  
   
Owner willing to finance: ½ down, balance payable in 5 years (prime + 1%)  
   
Owner willing to train: Two weeks  
   
Reason for selling: Travels too much  
 

 

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