PRICE REDUCED for this Bar/Club with ABC Type 48 Hard Liquor License which is open only 3 nights per week for only $149,000 and the seller will carry a LARGE portion of the sale price as a loan to well qualified experienced operators. Monthly Sales of $32,000 with profit and 17 years remaining on the lease with the low low monthly rent of just $2,825. A Type 48 license (alcohol only) is included with the sale which is rare for the city of Lodi. Only open 3 nights per week there is so much opportunity to expand this business. The next door restaurant serves the food demand while you concentrate on selling alcohol and running a successful lively Club. Over 3,200 sq ft of bar seating 20, high tables seating 50 and booth seating for a further 40. Look At The Photo's! The 600 sq ft outdoor patio is a bonus and will seat a further 40. All the equipment is included with the sale which includes a security camera system, 900lb ice machine, refrigeration storage, office equipment and a state of the art sound system controlled from a unique DJ station. This is a 'Turn Key' operation and in excellent condition. Full training for 2 weeks will be given which is included in the asking price. Complete the 'Confidential Information' request at the top of this page and we will send you the name and address of this business plus the financials and the lease. We will also send you the broker contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationLLC
  • Established1990
  • Current Owner2011
  • Employees10
  • Reason For SaleOther Interests

Facilities

  • Seating95
  • Square Feet3200
  • ParkingStreet
  • LicensesHealth, Business and ABC Type 48 & 77 License
  • Open HoursFriday - Sunday 7.00pm - 2.00am

Lease

  • Rent$2,825
  • ExpirationJuly 31st 2017
  • Yearly IncreaseVery Small
  • OptionThree 5 year Options
  • Deposit2,500

Financials

  • Monthly Revenue$32,000
  • Monthly Cash Flow$8,700
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$10,160

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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