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The Wall Street Journal Online

Lounge Bar - 21075

Etowah County, Alabama

Photo Available
Asking Price:
$70,000
Gross Income:
$260,000
Cash Flow:
$115,800
FF&E:
$75,000.00 *
Inventory:
N/A
Real Estate:
N/A
Year Established:
1995
Employees:
2/2
Business Type:
Bars/Taverns

* included in the asking price

Business Description

Hottest New Club in Town! Just opened and already the talk of the town. This club was professionally designed and built out by an experienced team of club developers who put their years of experience into building clubs then offering them as "turn key" operations to new owner. If you ever wanted to be in the night club business this is your chance, to walk in the door and start making money from day one. These developers really know what they are doing not just on the design side but on the business side of the night club business also. They have chosen an excellent location. The overhead is really low here. The new owner also has the option of buying the real estate from the landlord if they want. The potential to make great money here for a long time is tremendous but at this incredible price you could run the business for a while then turn around and sell it for a huge capital gain. The financial numbers provided are annual projection based on just the first month's actual revenue and expense because this is a new club. Contact the broker for a private showing.

Detailed Information

Financing:
70,000.00 down & Cash
Support/Training:
Seller will train
Reason Selling:
Personal
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Broker Information

Contact the Seller

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Business For Sale Listed By

Jim Boyd Iii
Vested Business Brokers, Ltd

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The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's terms & conditions before responding to any ad.