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#441
Chico~Yuba City

THE PERFECT NIGHTCLUB IN BOOMING NO. CALIFORNIA

$180,000
Sold
THE PERFECT NIGHTCLUB IN BOOMING NO. CALIFORNIA
This Listing is Sold
This is a great opportunity to own a large operating nightclub at a small price. This club has approx 4000Sq. Ft. including a full kitchen(not being used) and an upstairs office. There is a large outdoor patio great for summer nights or private parties. This stand alone building has it's own parking lot as well as tons of off street parking. Currently doing good sales and a great cash flow a new owner could open the kitchen and offer lunches and caterings for this growing community. This is the only nightclub in town, a new owner could promote more entertainment generating an even larger client base. This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Chico~Yuba City
Lease Term:
5yr +3 yr option
Total Monthly Rent:
$2,400
Security Deposit:
$2,400

Financials

Last Year's Annual Gross:
$299,898
Last Year's Owner's Cash Flow:
$70,481

Operations

Liquor License:
48
# of Full-Time Employees:
1
# of Part-Time Employees:
7
# of Family Employees:
1
Hours Open:
10am-2pm 7 days a week
Year Established:
2003

Facilities

# of Parking Spots:
12
Inside Sq. Ft.:
4000

Highlights

  • BUSY NIGHTCLUB WITH ROOM TO GROW
  • BELOW MARKET RENT
  • STRONG SALES WITH ANNUAL GROWTH
  • TYPE 48 HARD LIQUOR LICENSE INCLUDED
  • PLENTY OF PARKING
  • FULL KITCHEN NOT BEING USED
  • RENT KITCHEN TO CATERING COMPANY
  • $2400 MONTH BASE RENT
  • HUGE GROWTH POTENTIAL
  • ONLY NIGHTCLUB IN TOWN
  • LARGE PATIO FOR EVERY NIGHT OR PRIVATE PARTIES
  • LOCATED IN THE HEART OF BUTTE COUNTY

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 31,055 31,292
Households 3-mi. 5-mi
2010 Number Of Households 11,789 12,020
2010 Persons Per Household 2.57 2.57
Median House Value $158,300 $158,861
Income Per Household $42,555 $42,619
Businesses 3-mi. 5-mi
2009 Number Of Businesses 329 336
2012 Number Of Employees 9,262 9,290
2012 Total Annual Payroll $177,478,000 $177,946,000

click for more demographic info

Disclaimer

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, 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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