Price Reduced !! Unique Nightclub inc. R.E. available in metro Detroit

Detroit, MI (Wayne County)

Seller Financing Available
Price Reduced !! Unique Nightclub inc. R.E. available in metro Detroit

Asking Price:$399,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$100,000

Inventory:N/A

Real Estate:$275,000

Established:1990

Price Reduced !! Unique Nightclub inc. R.E. available in metro Detroit

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Business Description

This one -0f - a -kind opportunity is perfect for anyone who would like to be in the entertainment business .This venue supports established and emerging entertainers in the band and entertainment industry. The sale includes EVERYTHING ! REAL ESTATE - CLASS C LIQUOR LICENSE ,Stage ,Sound Systems, pool tables , Furniture ,Fixtures,,Equipment ,select memorabilia and much more !!!..Because of the uniqueness of this offering ,absolutely no information will be given out over the phone.Call the Broker,Norman MacGillivray for a NDA /Confidentiality Agreement @586 274-1111 No Exceptions please

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
as required
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 8,500 sq.ft.+/- nightclub gem becomes available due to the retirement of the ownership .Regarded as one of the premier venues for established, and up -and -coming bands and other emerging acts This place has everything an owner needs to exhibit bands and other acts in Michigan. You can have as many as 600 patrons inside due to their excellent ingress and egress doors throughout .Agreements with adjacent parking lots and on-street parking allows patrons up close parking for an enjoyable evening of entertainment As this property is so unique we suggest that any interest in this outstanding opportunity be made subject to an inspection,and appraisal by a qualified appraiser .
Competition:
Very,very little competition for this type of venue
Growth & Expansion:
Just as it is ,it is very successful .Marketing should add new opportunities
Financing:
With $175,000 down seller w/c for 60 months @7%
Support & Training:
Seller(s) will stay up to 1 month to acquaint buyers with the business ,customers, and band/act representatives Longer with agreed compensation.
Reason for Selling:
retirement from this industry

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Norman MacGillivray

Business Listed By:
Norman MacGillivray

Century 21 AAA North Business Brokerage

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