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Night Club

Kings County, New York

Asking Price: Gross: Cash Flow:
$399,000 $399,000 $156,759

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$5,000 ( not included in the asking price)

Business Summary:
Very popular night club located in Kings County, NY. Different themes each night of the week. Also is available for private parties. This is a gem that must be seen to be appreciated. Call for an appointment. For further information please contact Peter Markalunas at 908-851-9040 Ext. 272.

 
   
   
Year Business was Established: 2006
   
Number of Employees: 3FT/2PT  
   
Facilities / Terms of Lease: 3,500 sq. ft. on two floors. Occupancy 163, standing room 203. Complete renovation 4 years ago. 10 year lease with 4 years remaining.  
   
Owner willing to finance: $199,000 financed at prime + 1% over 3 years  
   
Owner willing to train: Seller will stay on for a transition period of one month  
   
Reason for selling: Partner has left the business. Owner needs to spend more time with family  
 

 

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