S. Florida Nationally Known Nightclub- Absentee Owned

Name: S. Florida Nationally Known Nightclub- Absentee Owned
Brand: Transworld Business Advisors
Price: 495000 USD
Availability: InStock

Listing Number: 0101-911605

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Listing Details

Price: $495,000

Location: Broward County, Florida

Down Payment: $495,000
Sales: $1,655,588
Seller's Discretionary Earnings: $201,752
Inventory: $10,000
Furniture, Fixtures, and Equipment: $150,000
Rent: $20,349
Employees: 21
Year Established: 30
Reason for Selling: Objectives met. Focus on other investments.

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Business Listed By

Randy Bring

(754) 224-3139 [email protected]

License # SL687673

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Business Description

Probably the best known go-to night club drinking destination in Broward County for 20+ years.

• Includes 4COP Liquor License
• Tax return financials
• Full Time Manager runs operations
• Out of State Corp. owner
• Operate just 4 night a week
• World class sound & lighting FF&E investment included
• An owner/operator could recapture an additional Manager's earnings of $75,000 (ave. year).

All interested parties to provide NDA, PFS and related BIO. Lease Assignment will require Buyer demonstrate strong financial and industry or related
ability to successfully operate.