| Asking Price |
$699,000 | Inventory |
$100,000** |
|---|---|---|---|
| Gross Income |
$900,000 | Real Estate |
|
| Cash Flow |
$350,000 | Year Established | 1986 |
| FF&E |
$400,000* | Employees | 20 |
* included in the asking price
** not included in the asking price
If you are only looking for the best of the best this is it hands down. When this property was first built they spared no expense to both detail,quality, and artwork. This snazzy Tampa jazz club offers a taste of the old-fashioned bebop era. The sleek horseshoe bar is balanced with tall flower-filled vases and attentive, tuxedoed bartenders. Natural wooden floors pave the way to listening rooms where guests lounge, and floor space is available for those who want an up-close Tampa live music experience. Expect performances by international and national jazz greats, as well as local funky smooth sounds at this high end full service restaurant. Intriguing cultural art and exquisite cuisine are just a few other aspects that make this Tampa jazz venue a favorite. A full financial disclosure and Non-Disclosure is required before showings please print and fax from www.bizinessbroker.com listing # 88301946
Facilities: This exquisite top of the line jazz club spared no expense in the 2.2 million build out with the highest end marble, granite, and mohagany, used though out the establishment. An incredible sense of detail and design with the most amazing collection of rare photos, real life statues of jazz greats Louis Armstrong and Charlie Parker make this a jazz lover's and musicans dream bar. This 5100 sq facility features 2 full bars ,2 dining rooms, dance floor, stage, and 6 POS stations as well as a full service Kitchen. A 15 year lease with 2- 10 year options.
Competition: No competition period as there is nothing like this anywhere in the Tampa bay area let alone the State of Florida as this live Jazz club is in a class all of it's one. Located in the heart of the busy Tampa business district and less than 1/4 mile from 3 major highways makes this accessible for a large client base.
Growth/Expansion: By increasing the markeitng and bringing in more national performers as well as reaching out to the host of people who really enjoy live music will enable this place to thrive. An updated menu serving tapas and drink specials to expose live jazz to a younger audience will increase revenues.
Financing: Seller will finace remainder with 500K down at 7% over 36 months
Support/Training: Seller will insure buyers success by staying a full 30 days at no charge to buyer. Management and waitstaff willing to stay along as well.
Reason Selling: Seller is 70 years young and is moving to Costa Rica

Pete Harrison
813.469.7957
LVG INC.
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