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Downtown Long Beach Night Club Live Entertainment + Full Liquor!

California, Long Beach
Asking Price $150,000.00
Gross Income $0.00
Cash Flow $0.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • Liquor Nite Club

  • Bar Restaurant
Overview
This long-standing Downtown Long Beach Night Club location occupies possibly one of the most prominent locations in the area. The versatile facility can thrive with a variety of concepts. Currently closed, the assets and opportunity are being offered for sale by the landlord. This location has all of the entitlements needed to operate a successful nightclub and lounge.
Business Details
Location and Facilities: This 8,000 sq. ft. space leases for a favorable $2 per square foot ($16,000/month) + NNN expenses of approx. $1,700. The landlord will execute a new 5 year lease, including three 5-year options. A Buyer will need to purchase and attach a new liquor license to the space at a cost of approximately $50,000.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: Since it is currently not operating, there is nothing but growth potential. There are a variety of nightclubs in the greater Long Beach area; however, this location makes it a prime choice in its immediate area.

Reasons for Selling: Personal

Financing:

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