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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