Number 6 Nightclub Restaurant In Scottsdale For Sale

Business description

Outstanding #6 restaurant & Nightclub. Long time Scottsdale "Happening Place To Be" for crowds in their 20's all the way up to 60's++. Serving lunch dinner and late night snacks. They are known for hospitality, good food, and fair prices. High volume sales for many, many years. Reasonable rent $16.00 sq. ft. Great seating inside is multiple areas for 213 plus 50 on the patio. Unlimited parking and easy to get a cab. For Game days :13 TV's one 15 ft. Big Screen and an outstanding sound system as this is a live music venue 6 days a week. Great POS System. Location is dynamite in the center of everything, well-designed, very well maintained and beautiful. The kitchen is well equipped and very functionally designed to handle the large volume of food revenues. The bar is impressive and has two walk-ins; 2 additional walking for the kitchen, which also has a walk in deep freeze. Revenues split 60% liquor/40% food. Total Gross Revenues not reflected in above numbers. The Business has many long-time customers and employees. A lively neighborhood food & drink atmosphere with added benefit of live music and dancing. The use permit runs with the location and does pass to the new owner. New long term favorable lease. $30K INVENTORY IS IN ADDITION TO THE PRICE.

Property information

Real Estate:

Lease

Lease terms:

Expires 9-1-2015 with two -5 year options

Size in square feet:

6,097

Business Operation

Reasons for selling:

Other business interests

Trading hours:

11a-2a 7 days week

Employees:

35

Years established:

1982

Other information

Support & training:

60 days

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$785,000 (included in the asking price)

Inventory / Stock value:

$30,000