Buy a Night Club Business in Nassau County, New York

Business: Buy a Night Club Business
County, State: Nassau County, New York
Business Type: Bar/Tavern/Night Clubs, Delicatessen/Catering Services, Entertainment

Summary Description

6000 ft Nightclub & catering hall establised for 35 years presently Owned 10 years presently catering 125 private affairs per year. With well known upscale alternate life style night club located in nassau county. Onsite private parking for 200 cars.Plus valet service.This club has a fifty dollar admission charge and offers live DJ and large dance floor with a occupancy of 270 This is a upscale club with no fights no kids no drugs.. This night club is has a state of the art security system with 16 cameras you can watch this club any were through your pc this system cost $30,000 buyer must take over lease on this system and dish washer. This club has a fifty foot wall bar a island service bar large dance floor ,full kitchen.lounge area,Dj booth,Intimate dinning room,full private office,stock room,stage and 3 out side storage areas. This club is very very scalable and inventory control can be improved. Owner operator can earn over $250.000 plus working only 3 days per week... Seller will entertain all cash offer. This club has a extremly high profit margins. Great for the open-minded buyer. Contact broker for full details. Full time manager now employed in place of owner with a salery of $75,000 owner is 100 percent absentee not many opportunities like this one.Working couple or partners can easily earn $300.000 plus. Working 40 hours per week. This business also comes with a few marketing web sites one club site get half million hits per month. OWNER 100 PERCENT ABSENTE AND HAS MANAGER RUNNING BUSSINESS. This is one special obbortunity that should not be overlooked! Contact Owner broker for more details. This club caters to a very mature 30 and up very upscale crowd. This is a very easy business to run. This club is working on huge margins and has 25,000 members!

About the Sale

Asking price:$750,000 (USD)

Financing:$500,000 down and 250000 AT 7% FOR 120 MONTHS

Total Revenues:$881,000 (USD)

Cash Flow:$250,049 (USD)

Reason Selling:OTHER INTEREST

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.