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| Asking Price: |
$110,000 |
Status: |
Active |
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| Business Type: |
Entertainment and Leisure / Bar, Tavern, Night Club
Entertainment and Leisure / Entertainment and Leisure - Others
Beverage Restaurant / Other Beverage Restaurant |
Reference #: |
26490073 |
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| Business Location: |
Alabama |
Broker Coop: |
Yes |
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Mobile County |
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| Photos |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$211,816 |
Full-Time Employee: |
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| Cash Flow: |
$89,841 |
Part-Time Employee: |
7 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
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| Year Established: |
1998 |
Rent /Month (Include NNN): |
$2,600 |
| Accounting Info(years): |
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Lease Exp.Date: |
12/31/2015 |
| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
Yes |
Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
THUSDAY- SATURDAY 10PM- 4AM |
Lease Transferable: |
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| Reason For Sale: |
Other Business Interest |
Rent Increase: |
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| Seller Training Available: |
Yes (12 weeks) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
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| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$15,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$3,000 |
Min. Down Requested: |
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Business Description |
THIS IS A WELL ESTABLISHED NITE CLUB AND BEEN IN BUSINESS FOR MANY YEARS .THE CASH FLOW IS EXCELLENT EVEN THOUGH THE CLUB IS ONLY OPENED 3 NIGHTS A WEEK FROM 10- 4.ALL STAFF ARE IN PLACE MAKING IT VERY ATTRACTIVE FOR AN ABSENTEE OWNER. VERY EXPERIENCED NITE CLUB MANGER AVAILABLE IF NEW OWNER DESIRES. |
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