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#431
Chico Restaurants For Sale

MIAMI STYLE NIGHTCLUB IN NORTHERN CALIFORNIA

$300,000
MIAMI STYLE  NIGHTCLUB IN NORTHERN CALIFORNIA
This Listing is Expired
This nightclub host multiple bars with almost $500K in sound and lighting equipment alone. Bathrooms on each floor with multiple dance floors are all in approx. a 17,000 sq. ft. building on a prime corner location in a downtown area. A second floor balcony overlooks the main dance floor in addition there is a V.I.P area, green room to host the talent as well as billiards, video games and a coat check. Offering the feel of being in Los Angeles or Miami this busy nightclub is booming. Currently the club operates Friday & Saturday only. The possibilities are endless. Drawing upwards of 700-800 guests every weekend from Sacramento through Northern Ca. This is a great opportunity for an experienced club operator to expand on the already successful venue. A new owner could easily grow revenues with expanded hours and live entertainment. A club of this size would easily host top name talents from Hip Hop to Latin to Rock to even a Comedy series drawing on everyones interests. This is a great opportunity to own your own club for very little money.
Regional Manager Steve Demaggio DRE License #01722979

Lease

Region:
Chico Restaurants For Sale
Lease Term:
5yr +5yr option
Total Monthly Rent:
$13,600

Operations

Liquor License:
48
Year Established:
2004

Facilities

Inside Sq. Ft.:
17,000
Outside Sq. Ft.:
17000+

Highlights

  • LARGEST NIGHTCLUB IN NORTHERN CALIF.
  • TYPE 48 LIQUOR LICENSE INCLUDED
  • APPROX. $500K IN EQUIPMENT ALONE
  • SERVES UPWARDS OF 800 PATRONS A WEEKEND
  • MULTIPLE BARS & BATHROOMS
  • EACH BAR HAS OWN REFRIDGERATION
  • OPERATE MULTIPLE CLUBS UNDER ONE ROOF
  • GREAT FOR LIVE ENTERTAINMENT
  • HUGE GROWTH POTENTIAL
  • MIAMI STYLE IN NORTHERN CALIFORNIA
  • IDEAL FOR BIG NAME TALENT
  • CUSTOMER BASE IS SACRAMENTO TO CHICO

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 32,539
Households 5-mi
2010 Number Of Households 11,029
2010 Persons Per Household 2.78
Median House Value $154,600
Income Per Household $40,260
Businesses 5-mi
2009 Number Of Businesses 509
2012 Number Of Employees 13,010
2012 Total Annual Payroll $222,652,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.


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