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Broker Contact Information |
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Adult themed night club | Listing ID: 20284 |
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| Asking Price: |
$375,000 |
Status: |
Active |
| Business Type: |
Entertainment and Leisure - Bar, Tavern, Night Club |
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| Business Location: |
Jacksonville, Florida |
Broker Coop: |
Yes |
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Duval County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$536,616 |
Full-Time Employee: |
3 |
| Cash Flow: |
$252,096 |
Part-Time Employee: |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
5,800 SF |
| Year Established: |
2006 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
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Lease Exp.Date: |
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| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
7pm-2am |
Lease Transferable: |
Yes |
| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
Yes |
Seller Cash Out: |
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| Real Estate Value: |
$400,000 |
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$190,000 |
| Fixture & Equipment Value: |
$20,000 |
Seller Financing Term(years): |
60yrs |
| Inventory Included: |
Yes |
Annual Interest Rate: |
6.5% |
| Inventory Value: |
$4,000 |
Min. Down Requested: |
$185,000 |
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Business Description |
Originally just a pool hall this location was converted in 2007 into a Gentlemans Club and Pool Hall. This is a cash cow with a great potential for growth. In 2008 the business was closed for 6 months for renovations due to a fire. Financial numbers are annualized based on 6 months of operation in 08 and the first 4 months of 2009. Owner to prove all financial information. Real Estate available for sale or lease. |
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