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Asking Price$525,000
Revenue$714,646 Established2006
Cash Flow$250,822 Employees5 full-time
FF&E$150,000 FranchiseNo
Inventory$30,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Well Known Lounge Nightclub just minutes from Manhattan near Long Island City. This is the real deal. They are open only 2 night per week, Friday and Saturday 10pm - 4am. They cater to locals as well as celebrity clients and entertainers. The location offers eclectic design, high end audio, dj booth, fully stocked bar or table service and VIP area. They also have a full, operating kitchen in the basement, but it is never used. It is in the heart of a densely packed neighborhood and walking distance from the train and bus. In the past year the business grossed a conservative $480,000.00 with a conservative net income of approx. $250,000.00. We are looking for a serious and financially qualified operator with at least $315k in liquid funds and industry experience. If you meet the critera, please call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com
Training/Support:seller will train
Seller Financing:$315,000.00 Down and 210K over 2 yrs. @ 6%
Sale Reason:Change of pace
Ad #54682
Seller Reference #24302
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Melvin L. Vaz
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