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#1548
Washington Central

Central Washington Club For Sale

$270,000
Central Washington Club For Sale
This Listing is Expired
SellingRestaurants presents this 4,800 sq ft restaurant, bar, and night club close to the city's major University. This great establishment located in the historic district of downtown offers something for everyone. A reasonably priced dinner menu with take out is served until around 10:00PM and after that the entire place turns into a lively bar and night club. The bar is great size and includes two serving stations, great POS system, comfortable seating, juke box, and a wide floor plan for easy crowd flow. The club includes elevated booth seating, a large hard wood dance floor, and live music performance stage with state of the art sound system. Take advantage of this opportunity to own a great restaurant, bar, and night club that grossed over $618,000 in 2008! This is an Add Value Alliance, Inc. listing.
This is a Larry Braden listing.
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583

Lease

Region:
Washington Central
Lease Term:
8 Years + 10 Year Option
Total Monthly Rent:
$4,200

Financials

Last Year's Annual Gross:
$618,000
Last Year's Payroll Cost %:
21
Last Year's Rent %:
8

Operations

Liquor License:
Full
# of Full-Time Employees:
12
# of Family Employees:
2
Hours Open:
Tues - Sat 6pm-2am
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
# of Parking Spots:
10
Inside Sq. Ft.:
4,800

Highlights

  • Central Washington's Largest and Coolest Club Around!!!
  • Live Performance Stage
  • State of the Art Sound System
  • Large Hard Wood Dance Floor
  • Commercial Grill, Deep Fryers,
  • Walk in Cooler and Large Hood System
  • POS System
  • Managers Office
  • Nearby University Campus
  • Located in Historic Downtown District
  • 18 and Over Night Club
  • Parking Lot

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
60%

Demographics

Population 3-mi. 5-mi
2014 Total Population 29,116 29,116
Households 3-mi. 5-mi
2010 Number Of Households 11,887 12,340
2010 Persons Per Household 2.34 2.34
Median House Value $245,400 $242,019
Income Per Household $40,412 $40,301
Businesses 3-mi. 5-mi
2009 Number Of Businesses 753 772
2012 Number Of Employees 14,182 14,334
2012 Total Annual Payroll $215,356,000 $217,192,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Larry Braden CA License #01492583 and WA License #18058 ("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, forward 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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