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#2335
Sacramento Restaurant For Sale

Live Entertainment Nightclub w/800+ Capacity + Rare Type 47 Hard Liquor

$450,000
Sold
Live Entertainment Nightclub w/800+ Capacity + Rare Type 47 Hard Liquor
This Listing is Sold
MAKE OFFER! Are you looking for a live entertainment format in Sacramento's hot mid-town area? Or perhaps a large club where one can fit 800+ people to bump to a hip DJ. Or perhaps you want a large special events facility for super large wedding parties, East Indian wedding parties, and those parties where only a large 10,700 Sq. Ft. place will do?

If you fall into this category, then you've got to look at this facility. This facility is fully load with some of the best equipment and lighting systems in the area. The sound system will pound your heart right out of your chest while the patrons view the live entertainment on a stage at least 6 feet high. There are several VIP areas to help get premium pricing and give your VIP clients the attention they demand.

There are also many bars to help the new owner pour lots of liquor and serve plenty of beer. And speaking of liquor. This is a very special and rare license in that it is a type 47 license - hard liquor and beer & wine - whereby no food needs to be served and people under 21 are allowed into the building! This license transfers to the new owner and is worth a lot!

The landlord is great as well. He knows your business and understands what goes into making a successful entertainment business. He'll be your partner in a sense.

This place has recent tax returns where the sales were close to $2 million! Ask me for them.

Oh did I mention there is a full kitchen as well for those folks who want to do food and large banquets? Look at the photos to get a glimpse of it.

And if you want large restrooms with a lot of seating, then you've got to see the line-up in these restrooms. Take a look at the photos.

So if you want to see this spectacular place, let me know and I can get you a tour if your qualified. Qualified means you have (1) plenty of successful experience in the business you want to open (2) plenty of cash on hand to make it a successful venue and (3) great credit. If you've got all three, then let do it!

The business is closed, but every thing is there to turn-key this operation and start immediately.
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:
New Lease
Total Monthly Rent:
$13,400

Operations

Liquor License:
47
Hours Open:
Currently Closed
Year Established:
1999
Hood System Type 1:
Yes

Facilities

Indoor Seating:
850
Inside Sq. Ft.:
10,700
Outside Sq. Ft.:
100

Highlights

  • AAA Mid-Town Sacramento Location
  • Major Footprint for Live Entertainment
  • Great for Superclub Formats
  • Upscale and fully equipped lighting and sound system
  • Turn-key operation
  • Plenty of VIP seating
  • Raised stage for Live Entertainment
  • Recently remodeled at a cost of $250,000!
  • This is a $1.5+ million facility.
  • Very high ceiling - perhaps 20 feet or more?

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.

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