Downtowns #1 Club

Hartford, CT (Hartford County)

Downtowns #1 Club

Asking Price:$199,000

Cash Flow:$75,000

Gross Revenue:$500,000

EBITDA:N/A

FF&E:$50,000

Inventory:$10,000*

Established:2005

*not included in asking price.

Downtowns #1 Club

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Business Description

A great opportunity for an experienced operator to expand on this absentee owners success . This club currently operates Friday, Saturday and Sunday 9 pm to Closing. There are up to 20 part timers. Mainly bar tenders, Door persons and wait staff. A very profitable business with limited hours.

Detailed Information

Inventory:
Not included in asking price
Employees:
20 part time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a 4500 sq ft facility with ample Street and lot parking minimal seating sections and equipment is very good condition.Rent is $9,000 per month
Competition:
This is the #1 downtown Club
Growth & Expansion:
This Club operates three days a week only, You cold open 1 or 2 more days
Financing:
None
Support & Training:
Manager will remain on for 1 week
Reason for Selling:
Owner retiring from the Club business

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John A. Russo Jr.

Business Listed By:
John A. Russo Jr.

Just Restaurants

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