Retail - Bars/Taverns | Retail - Restaurants

Asking Price	$270,000	Inventory
Gross Income	$618,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2006
FF&E	N/A	Employees	12 full

* included in the asking price

** not included in the asking price

Selling Restaurants presents this 4,800 sq ft restaurant, bar, and night club close to the city's major University. This great establishment located in the historic district of downtown offers something for everyone. A reasonably priced dinner menu with take out is served until around 10:00PM and after that the entire place turns into a lively bar and night club. The bar is great size and includes two serving stations, great POS system, comfortable seating, juke box, and a wide floor plan for easy crowd flow. The club includes elevated booth seating, a large hard wood dance floor, and live music performance stage with state of the art sound system. Take advantage of this opportunity to own a great restaurant, bar, and night club that grossed over $618,000 in 2008!

Facilities: Open Tues - Sat 6pm-2am, Lease 8 Years + 10 Year Option, 4800 sqft 100 seats inside, Rent $4200 (Current lease is 10k square feet, currently only using 4,800 square feet, and negotiating to reduce the rent to roughly $2,500)

Financing: Seller carry back 60%