Asking Price: $ 1,270,000 Includes Business, Bldg. Land – Bus. Alone $575,000
Type of Business: Night Club and Restaurant (Includes Buildings and Land)
Location: Inland Empire
Hours of Operation: 3:00 pm to 2: am Thursday thru Sunday
Gross Sales: $ 25,000 (does not include General Admission and Cover Charges)
Adjusted Net Profit: $ 8,000
Total Rent: $ 6,000
NNN: $ 400
Length of Lease: 11/2021 (Purchase of Business Only)
Options: 5 + 5 year options
Sq. Ft. 7,500
Occupancy: 200 Inside 99 Outside
Number of Employees:
Full time: Part-time: 3
Payroll: $ 2000-Other paid by Promoters for events.
Insurance: $ 5,000 Fire/Liability/Workers Comp
Gas: $ 250
Electric: $ 1,500
Water: $ 400
Phone: $ 160
Trash: $ Incl.
Internet and TV: 225
Cost of goods: N/A
The purchase of this business includes the buildings and land***** The business can be purchased separately for a Price of $575,000.This is one of the largest Night Clubs and Restaurants in the Inland Empire. It has been totally refurbished in the last two years. It consists of two buildings and a large patio with a dance floor and separate DJ Podium, along with a large stage for bands. The Bar is impressive with special effects creating a unique experience of entertainment. The menu is outstanding and prices for cocktails and food are very competitive. The Lounge takes pride in booking private parties and entertainment events on a monthly basis. There are General Admission Prices from $15.00 to VIP of $25.00. There is also a monthly Comedy Show with a variety of entertainers. It is not very often that a Night Club and Restaurant of this size and Class comes on the market in Southern California.
Call for more details.