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RESTAURANT FOR SALE
You Could Own One of Mid-Town Sacramento's Primier Clubs
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SellingRestaurants presents this extravagant world of nightlife in mid-town Sacramento.
This is a rare opportunity to get into a premier mid-town Sacramento Club, so don't miss this one and you've got to get into it before the economy turns-up and the prices go up with it.
The club is a unique blend of lounge and restaurant targeting the 25-40 age group. This place is hopping; it is beautiful; its the place to be; and best of all, for you business folks, it has sales volume and profit with tax returns to prove its value! No expense was spared building this bar and club. It is flat-out the coolest place in Mid-Town!
The club's sound system is the best - Myers. A DJ Booth is perfectly situated near the front of the club to get maximum street attention that every club needs to be successful. The seating and space will hold hundreds, so come and pack them into this place.
The club has a full kitchen with a flat iron grill, char-broiler, 4 burner stove, deep frier, and oven.
Hood system ais about 14 feet. Please verify this fact.
Owner is selling because they are investing heavily in a new concept in Scottsdale Arizona.
So don't miss this deal. Select one of the orange buttons below to learn what club this is and don't forget to keep it quiet!
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General Information
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| Listing Status: |
In Contract |
| Price: |
$475,000 |
| Location: |
Sacramento Restaurant For Sale |
| Last Year's Annual Gross: |
$1,241,000 |
| Last Year's Adjusted Net: |
$257,000 |
| Lease Information: |
Expires June 30, 2013 |
| Monthly Rent: |
$9,620 |
| Liquor License: |
47 |
| Indoor Seating: |
400 |
| Outdoor Seating: |
20 |
| # of Part-Time Employees: |
12 |
| # of Full-Time Employees: |
1 |
| Hours Open: |
9pm to 2Am 4 Days a Week |
| Year Established: |
2007 |
| Hood System: |
Yes |
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Highlights
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- Premier Mid-Town Location
- Type 47 Hard Liquor License
- Gorgeous Club
- Pack in Hundreds of Clubbers
- Local Big Restaurateur Operates The Restaurant
- Open 4 days a week 4pm-2am
- Outside Patio for Smokers
- Really Cool Looking Lounge - Nothing Around Like It!
- Tax Returns To Support Price and Income Available For Qualified Buyers
- Club is in Excellent Shape
- Buyer Assumes $114k Lease Obligation Related to Building Improvements
- Legal Capacity is 265 but can hold close to 400
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. Selling Restaurants has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.
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