Nightclub Restaurant Catering Facility - 4416
Business Type: bar/tavern/night clubs,entertainment,restaurant/ cafes/ diners
Acted as the Advisor to the Deal
All of NJ
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $850,000 | Down Payment | $500,000 |
| Gross Revenues | $1,210,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $367,600 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and 350000 @ 9% for 60 months
Business Description
An unbelievable nightclub venue with full restaurant and catering capabilities. This business knocks down well north of a million dollars in revenue a year with just Friday and Saturday nights. The decor is straight from South Beach, including palm trees and island bars. This club is a very popular night spot in Queens and will only grow due to the fact that there is tremendous growth in the immediate neighborhood. This club is a must see for any club owner who wants to make a mark in Queens and parking is the key!!
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.
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