Night Club For Sale
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1500000
Net Profit / Cash Flow $275000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 10 - 19
Inventory $575,000 equipment only.
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training The seller will supply a full transitional period and remain sixty days post closing.
Reason for Sale The owner is absentee, involved in the medical field and is retiring from this industry.
Description Very successful ultra modern Night Club located in Northern New Jersey and minutes from all the major highways. This fifteen thousand square foot two floor Nightclub has been fully upgraded and remolded with a beautiful appearance and state of the art sound and lighting system. The club is known for its most powerful sound system offering the sharpest, cleanest and indisputable best sound on the east coast. The lighting design and special effects rivals the nightclubs inside Las Vegas casinos, with an awe-inspiring array of Color Kinetics intelligent/digital LEDs complimented by traditional moving-heads and strobes. No detail was overlooked, and the resulting atmosphere and consistently packed crowds have made this the best Nightclub destination in New Jersey. The business produces a substantial income and has been priced to sell with owner financing. The facility is an ultra modern attractive free standing structure consisting of 15,000 square feet. The facility has multiple levels and various sections which include a VIP area and other private seating. The dance floor and stage area is centrally located for patron connivance. The business also has a full kitchen and basement used for storage. Located in Northern New Jersey and on a highly active commercial avenue with numerous other businesses.
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