* Included in Asking Price
Landmark South Bay Nightclub
Asking Price: $650,000
Location: Santa Clara County, Santa Clara County, California
Yearly Revenue: $571,560
Yearly Cash Flow: $45,144
Monthly Rent: $10,579 + $2619 NNN
This well known South Bay nightclub has been providing entertainment, dancing and good times for over forty years. The current owner has completed renovating it with a new dance floor, plumbing and electrical systems, a new bar, a walk in fridge, new beer lines, air conditioning and a state of the art sound system. Featuring both live music and DJ''s, it caters to the 21 to 35 year old crowd. It can accommodate 200 customers. It''s also a venue for private parties, reunions and special events. A new lease is available. This is an opportunity to own a South Bay Area landmark with considerable upside.
Organization: Sole Proprietorship | Year Established: 1972 | Current Owner: 2012 | Employees: Employees: Part Time: 10 Owners: Full Time: 1 | Seating: 200 | Square Footage: 3045 | Parking: Parking lot | Licenses Required: ABC type 48, Health permit, BOE | Days Open/Hours: Thurs - 8:00 - 2:00am Fri & Sat - 7:00 to 2:00am Sun - Wed - Private parties & special events | Reason For Sale: Other Interests |
Yearly Revenues: $571,560 | Yearly Cash Flow: $45,144 |
Monthly Rent: $10,579 + $2619 NNN | Lease Expiration: 2/28/22 | Yearly Adjustment: 3% annually @ March 1st | Lease Option: (1) 5yr | Security Deposit: 9,135 |
Seller Reference #2827
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.