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S. Florida Nationally Known Nightclub- Absentee Owned

Listing Number: 0101-911605

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Listing Details

S. Florida Nationally Known Nightclub- Absentee Owned
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 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.

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