#441
Chico Restaurants For Sale

THE PERFECT NIGHTCLUB IN BOOMING NO. CALIFORNIA

$180,000
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 Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:

Chico Restaurants For Sale

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:

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

10am-2pm 7 days a week

Year Established:

2003

Facilities

# of Parking Spots:

Inside Sq. Ft.:

4,000

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:

Will Seller Lend To Buyer:

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 STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

Other Listings in the Area

#6426

Profitable Mexican Restaurant

Lease:
Expires Oct. 1, 2024 with two 5 year options

Monthly Rent:
$5,600

Annual Revenues:
$824,767

Annual Adj. Net:
$198,338

Square Feet:
3,000

Available
$175,000
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