Restaurant & Night Club In Orange County For Sale

Business description

Restaurant & club with full liquor license & entertainment permits for live band, karaoke, DJ & dancing, sport bar with no competition in the immediate area has been successfully operating for over the last 20 years in Orange County.

The club offers different type of entertainment such as Rock N Roll band, Latino Music & Band, & other special music & dancing on different nightly basis. The dinner menu also varies according to the nightly entertainment themes.

The owner has been operating the club for all these years & she wants to retire. She believes a husband & wife team with some familiarity with night club operation could run the business & be very successful at it.

Although the sales has been down recently because of the economic environment, but in the years prior to the economic downturn, the sales has been around $1,000,000 a year

Annual Revenue: $ Call/Email
FF&E: $500,000 (Included in the price)
Inventory: $15,000 (Included in the price)
Seller’s Discretionary Cash Flow: $Call/Email
Asking Price: $1,000,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For more information contact Mehdi Kazerooni, SUNBELT BUSINESS BROKERS of ORANGE COAST at ------------. fax: ------------. email: -----@-------------.---

For a complete listing of our currently available business opportunities go to: ---.-------------.---

Property information

Real Estate:

Lease

Premises details:

8000 sq ft, $10000.00

Other information

Reasons for selling:

retirement.

Financing available:

Downpayment Required: $0
Monthly Payroll: $3,000

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$15,000 (included in the asking price)