Popular Asheville Nightclub

Asheville, NC (Buncombe County)

Sample photo only

Asking Price:$600,000

Cash Flow:$240,000

Gross Revenue:$800,000

EBITDA:$240,000

FF&E:$200,000

Inventory:$18,000*

Rate/Sq. Ft.:$10.00

Established:2013

*not included in asking price.

Popular Asheville Nightclub

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Business Description

Please keep this information confidential, popular downtown HOT SPOT, nightclub FOR SALE. This opportunity is for a buyer who has experience in the nightclub business and has the cash to purchase this business.

Monthly profit is between the low of $20,000, average monthly profit is usually around $25,000 to $30,000, with a high monthly profit in December of about $35,000. The seller says they will make around $240,000 in profit this year.

The build out & facility was built by these owners and they have around $700,000 in the nightclub. This business does not serve food, maybe a opportunity? Contact me for information. Again, we want to keep this business for sale confidential.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
6,000
Lease Expiration:
8/31/2017
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Super nice build out, located off busy traffic & tourist area in downtown Asheville, NC.
Competition:
Unique & popular nightclub in the downtown Asheville area.
Growth & Expansion:
Should continue to grow, now operating at minimum days & hours. Easily expendable.
Financing:
small note possible with experience
Support & Training:
some assistance possible
Reason for Selling:
Other business ownership

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Rick Maerkle

Business Listed By:
Rick Maerkle

American Investment Brokers Inc.

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