Bar/Nightclub For Sale - Ventura, California, CA

PROFILE: High-End Bar/Nightclub With Live Entertainment In Ventura County.

AD/LISTING INFORMATION
Status: Available
State: California
Location: Ventura
County: Ventura
City: Ventura
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  131268
Seller Or Contact:  Laszlo Nemeth
Primary Phone:  213-624-6500
Alternate Phone:  213-624-6500
Email Address:  See Form Below
Date Ad Started:  11/12/08
Date Ad Last Revised:   11/12/08

FINANCIAL INFORMATION
Asking Price: $925,000
Down Payment: Call/Email
Annual Revenue: $1,003,000
Annual Adjusted Net: $402,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: Great Nightclub With Live Entertainment Is Now Available For Acquisition. This Is A Popular Hangout For Upscale Professionals And Is Walking Distance From The Beach. The Revenue Is Constantly Increasing And The Space To Spare In This Is Approximately 3,000 Sq Ft With An Additional 3,000 Sq Ft Fully Fenced Patio. The Owner Spent An Excess Of $200,000 Of Tenant Improvements. This Nightclub Is Only Open 3 Nights A Week, Thursday Through Saturday From 9pm To 2am. The New Owner Can Dramatically Increase Income By Adding Additional Nights Of Operation As Well As Adding Food Items To The Mix. The Current Owner’s Purchased This Long Time Established Venue Less Than A Year Ago, Although, Conflict Between Partners Is Forcing A Quick Sale. There’s Little Competition In This Area And With The Right Owner, This Business Can Flourish To The Next Level. Ff&e’s Are Included In The Asking Price As Well As $5,000 Of Inventory On Hand, And An Excellent Four Year Lease With A Five Year Option. For More Information On This Listing, Please Contact The Associates Business Brokers At (213) 624-6500, Or E-Mail Us At Info@theabb.Com.

Asking Price: $925,000

Gross Revenue: $1,003,000

Net Income: $402,000

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