Night Club And Bar In Suffolk County For Sale

Business description

This 2000 Sq. Ft. bar/nightclub/live music with CABARET LICENSE boasts a spacious dance floor, a large stage, and a raised DJ booth in a prime location. It is well established with regular clientele, bands, DJ's and promoters. This business makes money off the bar, Promoter rentals for live shows and also the door. Have fun and make money this business nets over $11,000 a month. It has a superior sound and lighting system, new hard-wood floors and freshly painted walls. Behind the bar there are six taps; ice stations, and three flat screen TVs. The brand new state of the art Lucite and LED light changes colors of the shelves of bottles, giving this venue a Manhattan lounge feel. There is a back office and TWO basements for storage. It also includes a fenced in back area with a gate for access to the huge back parking lot with a second huge parking lot across the street for those SOLD-OUT shows/parties. Brand new security cameras installed with DVR capability perfect for keeping an eye on things from the comfort of your own home. Rent is only $2700 and you NEVER pay for heat! This is a great investment with plenty of room for growth! This 1 will not last!!!!

Franchise terms

Very well established Bar - selling for 1.5 times cash flow, all fully documented financial information for qualified buyers with proof of funds.

Property information

Real Estate:

Lease

Other information

Support & training:

Seller is willing to train

Reasons for selling:

Personal

Financing available:

175,000.00 down & 64k @ 6.5% for 36 months

Furniture / Fixtures value:

$300,000

Inventory / Stock value:

$25,000