Nightclub, ABC 41, Filipino Food, Live Shows!

Los Angeles County, CA

Seller Financing Available
Nightclub, ABC 41, Filipino Food, Live Shows!

Asking Price:$395,000

Cash Flow:$156,000

Gross Revenue:$815,000





*not included in asking price.

Nightclub, ABC 41, Filipino Food, Live Shows!

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Business Description

Nightclub w/live entertainment and dancing, beer and wine and Filipino food.
High volume & net, short hours, packed with customers at night.
Located in major shopping district where connected center was recently totally remodeled and tenants now include major retail giants.
Low rent for the area. Has tremendous following in the Filipino community.
Major expenses: rent-9754, food & beverage (20%)-13000, utility-2000, labor-19,000, ins/wc-900, credit card fees-900, bands-5000, linen-800, maintenance-700

Detailed Information

Not included in asking price
Located in major shopping district upscale with several large major retailers. Has complete kitchen with 7 woks and large cooking hood.
nightclub with strong Filipino community following. Has entertainment and dance license and karaoke and dj equipment. Bands play 5 nights per week and the place is packed.
Seller will carry $195,000 @6% 48mos
Reason for Selling:

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William Park

Business Listed By:
William Park

VR Business Brokers

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