University Night Club Grill Hookah & Cafe Riverside For Sale

Business description

An established Night Club, Grill, Hookah & Cafe located across from a UNIVERSITY in city of Inland Empire is available for sale. A 47 Full Liquor license, 58 Catering license, Entertainment and tobacco license all in place and included in the asking price. Both indoor and Outdoor patio seating is available. Long term lease with great terms is in place. Annual Gross sales of $700,000 and annual Cash flow of $120,000.

This is a confidential listing. For more information, regarding this listing please contact us by completing the "Contact the Seller" form on this add, to schedule an appointment for more information about this opportunity. We look forward to hearing from you!

Property information

Real Estate:

Lease

Lease terms:

Lease Expiration: 2015
Lease Options: 5 yrs.’

Leasehold rent:

$27,000 per annum

Location:

Riverside

Premises details:

A 47 Full Liquor license, 58 Catering license, Entertainment and tobacco license all in place

Size in square feet:

6,500 sq. ft.

Business Operation

Reasons for selling:

Family Issue

Trading hours:

7 Days 11:30 AM-2:00 AM

Employees:

2 FT; 2 PT

Years established:

2007

Other information

Support & training:

4 wks. 30hrs. / Wk.

Furniture / Fixtures value:

$80,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)