Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$950,000	Inventory	$20,000**
Gross Income	$1,200,000	Real Estate
Cash Flow	$450,000	Year Established	2008
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

One of a kind. Very profitable high end club. 25 to fortyish clientel. Beautiful facilities with upstairs and downstairs. Roof top patio. All liqour sales. Three nights a week. Unbelievable rent of $3,800. a month on 8000 sq. ft.! Cash flows over 450K! DJ entertainment with dancing. Separated rooms for parties and company events. If you want a high profile, prestigious and fun business with great profit this is the opportunity. The ability to assume approximately 425K of an SBA loan makes this an excellent purchase. Serious only.

Facilities: Beautiful two story club with roof top patio. Incredible look with upstairs and downstairs bar. All equipment in excellent condition. In upscale area rent is incredibly low.

Competition: Friendly but non serious competition as business is very unique and great location.

Growth/Expansion: Only open three nights a week a working owner could increase sales by more nights. Also, no marketing is currently in place but doing so would also increase sales. Roof top patio will continue to be a unique draw.

Seller Financing Available: Yes

Financing: Can assume SBA loan plus cash difference

Support/Training: 30 days

Reason Selling: Too many partners