Business Summary
Asking Price: $180,000
Gross Income: $288,000
Cash Flow: $131,470
EBITDA: N/A
FF&E: $150,000
Inventory: $15,000
Real Estate: N/A
Established: N/A
Employees: N/A
Business Description
The South Shores best kept secret on a highway. This lounge and dance club established over a decade, featuring live entertainment and an upscale diverse following.
The space is white-glove polished and boasts world-class DJ / Karaoke equipment, plus a unique state-of-the-art light and video system. This is a boutique venue for private parties up to 100+! Current owner/operator enjoys low expenses with bar sales of over 5k a week. There is excellent potential for the new owner to increase revenue, and party bookings by promoting the club and expanding its hours. All inventory and equipment is included.
The owner is a DJ/Entertainer and built the club himself 12 years ago.
Detailed Information
Inventory: Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Located in popular shopping center with 2000 square feet of space! Hours of operation: Closed Monday, 7pm till close.
Competition: None
Growth & Expansion: Currently doing 1-2 private parties a month without promoting. Currently not open during the day. No kitchen but could expand catering offerings.
Support & Training: 2-4 weeks
Reason for Selling: Owners other business is expanding.
Property Details