Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#534
Sacramento Restaurant For Sale

First Class Ready to Go Club With Type 48 & Dance Permit

$350,000
Sold
First Class Ready to Go Club With Type 48 & Dance Permit
This Listing is Sold
This is a top-of-the-line club that at one time serviced the "AAA" crowd. It features two bar areas, dance floor, private room, DJ booth and equipment, office, and storage. The tenant improvements exceed $750,000. The new owner must rebrand the location and target another demographic in the area. The club is ready to go with little capital needed to convert the name and market. All improvements and equipment are nothing but the highest quality one would expect from a first rate club. This club generated $1.1 million gross from 2,670 Sq. Ft. with monthly rent of about $6,200 plus CAM. It is located in the heart of the hip downtown area surrounded by businesses and hotels. The current lease runs through 2012 with 2 five year options. The owner is not a club person and needs to sell.This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
6 years remain + 2 fie year options
Total Monthly Rent:
$6,200

Operations

Liquor License:
48
Year Established:
2003

Facilities

Indoor Seating:
125
Outdoor Seating:
50
Inside Sq. Ft.:
2670
Outside Sq. Ft.:
400

Highlights

  • First Class Club Facility
  • Lease through 2012 plus 2 five year options
  • Great downtown location
  • Below market rent @ 2.30 sq. ft.
  • Dance, private room, two bar areas, upscale equipment
  • Outside patio for smokers with easy access
  • 2,670 Sq. Ft. inside plus about 400 Sq. Ft. outside
  • Centrally located in hip area to be.
  • Base Rent is about $6,200.
  • Type 48 License + Dance Permit (May not be transferrable, but should be relatively easy to get)

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 15,195 105,955 271,312
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,314 46,742 105,480
2010 Persons Per Household 1.51 2.14 2.42
Median House Value $304,970 $295,035 $249,460
Income Per Household $35,074 $49,238 $47,847
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,264 4,385 7,885
2012 Number Of Employees 62,930 129,948 275,406
2012 Total Annual Payroll $1,672,587,000 $3,733,567,000 $4,294,967,295

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.

Other Listings in the Area
  •  Low Rent Cafe with Patio in El Dorado County
    #4953
    Low Rent Cafe with Patio in El Dorado County
    Lease:  
    Expires July 2017
    Monthly Rent:  
    $2,700
    Annual Revenues:  
    $429,937
    Annual Adj. Net:  
    $46,297
    Square Feet:  
    1,760
    Facebook Twitter Google+ Email
    Available
    $98,000
  • Big Profit - Little Price - Italian Family - Beer & Wine - SBA Loan!
    #5196
    Big Profit - Little Price - Italian Family - Beer & Wine - SBA Loan!
    Lease:  
    New Lease
    Monthly Rent:  
    $6,002
    Annual Revenues:  
    $1,198,128
    Annual Adj. Net:  
    $230,000
    Square Feet:  
    2
    Facebook Twitter Google+ Email
    Available
    $375,000
    Down Payment
  • Popular Favorite Italian Restaurant in Roseville w/Beer & Wine
    #5203
    Popular Favorite Italian Restaurant in Roseville w/Beer & Wine
    Lease:  
    Expires Dec. 19, 2019 + 5 year option
    Monthly Rent:  
    $5,600
    Annual Revenues:  
    $557,655
    Annual Adj. Net:  
    $56,764
    Square Feet:  
    2,500
    Facebook Twitter Google+ Email
    Available
    $99,000
  • QSR w/Full Kitchen! Roseville Location
    #5224
    QSR w/Full Kitchen! Roseville Location
    Lease:  
    Expires May 31st, 2024...Plus 2- 5 year options
    Monthly Rent:  
    $4,229
    Square Feet:  
    1,800
    Facebook Twitter Google+ Email
    Available
    $15,900
    Down Payment
  • Turn-Key Restaurant - Great Sacramento Area - Priced to Sell
    #5270
    Turn-Key Restaurant - Great Sacramento Area - Priced to Sell
    Lease:  
    Expires August 31st, 2022 - plus 5 year option
    Monthly Rent:  
    $3,445
    Square Feet:  
    1,300
    Facebook Twitter Google+ Email
    Available
    $15,000
  • Counter Service Breakfast and Lunch in Placer county
    #5271
    Counter Service Breakfast and Lunch in Placer county
    Lease:  
    Expires August 31st, 2023 plus 5 year Option
    Monthly Rent:  
    $2,500
    Annual Revenues:  
    $251,500
    Annual Adj. Net:  
    $67,035
    Square Feet:  
    2,318
    Facebook Twitter Google+ Email
    Available
    $119,900
    Down Payment
  • Pizza Restaurant on Major Street - Low Rent - Turn-Key
    #5278
    Pizza Restaurant on Major Street - Low Rent - Turn-Key
    Lease:  
    Expires June 30, 2020- plus three 5 year options
    Monthly Rent:  
    $1,700
    Square Feet:  
    1,200
    Facebook Twitter Google+ Email
    Available
    $45,000
  • Turn-Key Restaurant & Bar - Full Liquor Available
    #5276
    Turn-Key Restaurant & Bar - Full Liquor Available
    Lease:  
    Expires April 10th, 2020 with 5 year option
    Monthly Rent:  
    $5,500
    Annual Revenues:  
    $573,974
    Square Feet:  
    4
    Facebook Twitter Google+ Email
    Available
    $32,500
  • Franchise Sandwich Restaurant for Sale in Sacramento County
    #5298
    Franchise Sandwich Restaurant for Sale in Sacramento County
    Monthly Rent:  
    $3,100
    Facebook Twitter Google+ Email
    Available
    $175,000
    Down Payment
  • Franchise Sandwich Restaurant for Sale in Sacramento Region
    #5297
    Franchise Sandwich Restaurant for Sale in Sacramento Region
    Lease:  
    Long term
    Monthly Rent:  
    $3,100
    Facebook Twitter Google+ Email
    Available
    $175,000
  • Mid-Town Restaurant & Bar - Hard Liquor - Low Rent!
    #5326
    Mid-Town Restaurant & Bar - Hard Liquor - Low Rent!
    Lease:  
    Expires May 2019, plus 3 - 3 year options
    Monthly Rent:  
    $7,875
    Annual Revenues:  
    $1,243,085
    Annual Adj. Net:  
    $107,118
    Square Feet:  
    3,201
    Facebook Twitter Google+ Email
    Available
    $349,000
    Down Payment
  • Remodeled Indian and Pakistan restaurant for sale in Citrus Heights
    #5359
    Remodeled Indian and Pakistan restaurant for sale in Citrus Heights
    Lease:  
    There is 2.5 year plus 5 year option and 5 year option on lease
    Monthly Rent:  
    $3,100
    Square Feet:  
    2,200
    Facebook Twitter Google+ Email
    Available
    $120,000

Terms Of Use     © 2019 Powered by BBMT Inc.