Nightclub / College Bar For Sale
www.GlobalBX.com
Listing ID:
700108424
Listing Title:
Nightclub / College Bar For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=108424
Industry:
Bars and Nightclubs
Industry Segment:
Nightclubs
Country:
United States
State / Province:
Illinois
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$651,864
Cash Flow:
$136,812
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1986
Number of Employees:
20 - 34
Business Description:
Hottest Bar/Nightclub in a college town. This club for sale is filled with a capacity crowd 4 nights a week. Been in business for over 20 years. Remodeled within the last year. The Property is also for sale for $500,000.
This is 5,500 sq ft on the main strip in a college town. Owner has not been on premises for 2 years and profits are still growing. Current management willing to stay on or an onsite owner could make the business even more profitable.
The price of the business is $260,000. That is less than 2 years net. The current lease is favorable, and the property owner is willing to negotiate a new lease as well as negotiate favorable terms to purchase business and property together.
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