Bellevue ~ Redmond ~ Issaquah ~ Snoqualmie
Rare Upscale Eastside Nightclub & Dancing with Seller Financing!
Sold
One of a kind location.Downtown Kirkland.Opened in January of 2011.It features live music (Jazz, piano, R & B) and also a live DJ. It is an upscale custom designed decor with a huge center piece bar and antique back bar, fireplace, VIP room, dance floor, piano, a professional sound system (both live music and DJ), and a professional custom lighting system. The Seller is moving to Turkey.Motivated to sell. Seller terms with 50% down, 4 year term, at 6% interest.
This is an Add Value Alliance, Inc. dba Washington Brokers listing.
Founder Lawrence Braden
Lease
Financials
Operations
Facilities
Highlights
- Rare upscale nightclub and dancing in WA
- Very distinctive upscale interiors
- Would be easy to convert to popular wine bar
- Could be sold with restaurant listing 3528 to triple sales
- Annual sales exceed $500,000 with liquor profits
- Opportunity to partner on experienced food service
- Similar build out would cost more than twice asking price
- Good opportunity to expand hours to increase sales
- Would be very easy to grow and expand business
- High vehicle and foot traffic location
- Upscale neighborhood has very favorable income demographics
- Good opportunity to negotiate with seller and landlord now
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 36,592 | 85,708 | 318,665 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 15,249 | 32,140 | 124,779 |
| 2010 Persons Per Household | 2.22 | 2.29 | 2.29 |
| Median House Value | $528,300 | $442,426 | $514,068 |
| Income Per Household | $103,250 | $89,816 | $84,554 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,720 | 3,032 | 13,421 |
| 2012 Number Of Employees | 44,950 | 78,936 | 514,404 |
| 2012 Total Annual Payroll | $1,680,488,000 | $2,624,099,000 | $4,294,967,295 |
click for more demographic info
Disclaimer
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Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that Charter Business Brokers ("Broker") or its broker (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. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages. This is a "Charter Business Brokers" Listing. |