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Listing #3560

Details on this Club and Bar, Full restaurant

Price: $590,000











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Here is the club and restaurant you have been looking for. This is a nearly all cash business that actually has books to review!

The location is outstanding with no competition anywhere around the place, it’s the only club like this for miles located in a highly populated area. Just minutes from downtown, south bay and most other parts of the county. This club is close to all with plenty of parking, easy in and out access and great rent. This is the total package. Club business is booming Thursday-Sunday with nightly specials that draw crowds in for the fun. The full kitchen allows for supplemental business that currently is barely being tapped. The rent is the same whether you capitalize on all the opportunity or not, you may as well maximize the revenue stream. Current concept has been working for nine successful years. Can you improve upon it and make even more money.

The club hosts live bands has is set up with  two dance floors, a VIP lounge area, a raised DJ booth, one huge main bar area and a separate bar area for the overflow. It is set up for success and that is exactly what is going on. It has everything you need to keep the party going; nine years and they are going stronger than ever. Current owners have had their fun and made their money, is it your turn to own this long established and extremely popular club and restaurant?

The CPA prepared financials show approximately 100k in profits, how much money do you want to make?

Rent is $7560/month for this approximately 6000 square foot space wtih a very nice enclosed patio area.

Profits and square footage to be verified by buyers. Broker has not verified this information.

Listing brought to you by Stone Path Brokerage Services.   



               


General Information Highlights
Listing Status: Available
Price: $590,000
Location: San Diego Metro
Lease Information: current term expires Oct 1, 2016
Monthly Rent: $7,560
Liquor License: 47
Indoor Seating: 150
Outdoor Seating: 30
# of Part-Time Employees: 12
# of Full-Time Employees: 2
Hours Open: Wed- Sunday 11am - 2am
Year Established: 2003
Inside Sq. Ft.: 5000
Outside Sq. Ft.: 1000
Hood System: Yes
General Information Highlights
     
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    Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.



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