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This Business has been Sold!
Closing Date: 02/26/2014
Broker: Jim Aloi
Business for Sale Summary

Night Club - 22379

Business Type: bar/tavern/night clubs,entertainment,owner financing available
Night Club
On February 26th 2014, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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Financial Information (non-confidential)

General Information
Asking Price $395,000 Down Payment $250,000
Gross Revenues $568,000 Lease Remaining Register Free to View
Owner’s Cash Flow $136,870 Number of FT Employees Register Free to View


$250,000 Down and $145K FOR 5 YEARS@ 6%

Business Description

Suffolk well known long established Lounge,Bar Night Club. 3600 sf Fully equipped open and doing business. This club presently does not serve food but buyer can add small kitchen ansul system is in place.This Club is presently only open Friday and Saturday only. Buyer can add food and open every day if desired. This great club offers Disc Jockey as well as live bands and entertainment they also do catered private parties. This club a few years ago was doing over 25k weekly just 2 days a week. 17 years left on present lease. Established over 15 years ago! Contact Broker Jim Aloi great club to promote heavy catering and parties nice room. Seller offers his full support and may stay on a while for support.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.