Retail - Bars/Taverns | Services - Amusement & Recreation

$Seller Financing Available

Asking Price	$168,000	Inventory	$10,000*
Gross Income	$314,000	Real Estate
Cash Flow	$74,000	Year Established	2000
FF&E	$80,000*	Employees	10

* included in the asking price

** not included in the asking price

This one of a kind Nightclub is Reno s leading and most established live music venue. This complex boasts a sophisticated sound system with over 30,000 watts of sound and 29 customized speakers. This location has the capacity to offer streaming audio and video(both live and on demand), professionally digitized live recordings straight from the sound board, and the ability to upload content to several formats and distribution to the web. The very spacious area is designed with two raised live full production stages providing full sound, lighting and visual projections systems. Each stage has its own 1,000 square foot dance floor, two separate VIP areas and full service bars complete this location as a premier choice of Alternative Live Music performances in an ultimate set-up and atmosphere for artists to perform and music lovers to enjoy! The Club is Located in downtown Reno with the University of Reno and the soon to be opened Sierra Nevada Stadium in close proximity. The Nightclub occupies 7,300 square of two full production raised stages each with its own 1,000 square foot dance floor; two spacious VIP areas; two full service bars; a large production/sound room; a green room; four restrooms; office; and a large storage area. There is easy access for bands and artists to load in from the back of the building. Ample parking is available. The Club has consistently attracted the hottest and most talented professional Live Bands locally, nationally, and internationally. Over 900 bands and DJs have played at this location in the last 2 years. Since each staging area is equipped with its own outside entrances and exits it is possible to operate these areas independently. The Club can accommodate both over 21 and All Ages Shows. Reno is situated in a very strategic location for live music as acts pass through coming from and going to the Bay Area/Sacramento, Denver, Salt Lake City, Las Vegas or Portland. The Club is available for private bookings.

Facilities: The Club is Located in downtown Reno with the University of Reno and the soon to be opened Sierra Nevada Stadium in close proximity. The Nightclub occupies 7,300 square of two full production raised stages each with its own 1,000 square foot dance floor; two spacious VIP areas; two full service bars; a large production/sound room; a green room; four restrooms; office; and a large storage area. There is easy access for bands and artists to load in from the back of the building. Ample parking is available.

Competition: The Club has consistently attracted the hottest and most talented professional Live Bands locally, nationally, and internationally. Since each staging area is equipped with its own outside entrances and exits it is possible to operate these areas independently. The Club can accommodate both over 21 and All Ages Shows. Reno is situated in a very strategic location for live music as acts pass through coming from and going to the Bay Area/Sacramento, Denver, Salt Lake City, Las Vegas.

Growth/Expansion: There is the strong potential for growth with an on site owner and staff in place for daily operation and administrative responsibilities. Currently the Club is opened only on the days of scheduled Live Entertainment because only one owner is operating the business. With a full staff the Club could be opened daily with Live Entertainment on specific dates and a DJ on dates not scheduled for Live Entertainment, thereby considerably increasing the revenue.

Seller Financing Available: Yes

Financing: Submit on Seller carry-back financing.

Support/Training: Seller will provide orientation and training included in the purchase price.

Reason Selling: One of the Sellers is relocating.