Famous Asian Night Club Of Oc
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $200000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2011
Number of Employees 4 - 5
Inventory 50000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 4 weeks at 20 hours per week following close of escrow
Reason for Sale Illness
Description Famous Asian Night Club and Karaoke Bar established almost 20 years ago, open only on Friday and Saturday from 4pm to 2am is located in the heart of Orange County. This is a fully equipped and furnished nice looking 8,000 sq ft facility with a Rare Entertainment License and Full Liquor License.
Lease hold improvement and equipments are alone worth over $800,000.00.
Serious illness is the reason for sale. In 2007 and 2008 this Night Club had Annual Revenues over $1.2 million. Sales have gone down considerably since then, due to Owner's illness. This place needs a buyer who has Night Club experience and Fresh Energy to bring this Night Club ALIVE again!
Contact Ved Sajnani at 714-904-8457 OR Delia ''Peng'' Guan at 626-283-7732 for more inforamation and or questions.
Click Here To Contact Seller
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