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Business for Sale Summary

Manhattan Style Night Club - 30845

Business Type: bar/tavern/night clubs
Manhattan Style Night Club
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This business has received 43 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $200,000
Gross Revenues $780,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and $200,000 at 5% over 60 Months

Business Description

This is a Manhattan-style night club located in Nassau County, NY. It is 4,000 sq ft. with a rent of $7,200 a month. It has eight years remaining on the current lease with an option for a new lease. The gross revenue is $780,000 a year. After all expenses are paid, the owner's cash flow is $150,000 a year. This is all done with only opening Friday and Saturday nights. This is all liquor, beer and wine, no food. This night club is a very rare to find club. It has 15 part time workers. Owners asking price is $400,000 with $200,000 cash down and $200,000 in notes at 5% for 5 years. Be sure to act on this one. Please contact the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. Pm

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.