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Upscale Night Club/Bar-Priced Reduced!
(Alcohol Related; Alcohol Related, Night Clubs)
San Antonio - Texas, Bexar
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
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| Office ID: |
SA102511DS |
| Status: |
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Listing Details
| Listed Price: |
$175,000 |
| Down Payment: |
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| Total Sales: |
$1,222,635 |
| SDE: |
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| EBIT: |
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| EBITDA: |
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| FFE: |
$85,000 |
Included? Yes |
| Real Estate: |
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Included? |
| Inventory: |
$10,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
Other opportunities in the industry more consistent with owners experience. An appropriate non-compete agreement will not be a problem. |
| Training: |
As negotiated. |
| Financing Terms: |
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Operations
| Year Established: |
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| Last Acquired: |
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| Form of Ownership: |
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| Home Based: |
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| Relocatable: |
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| Type of Location: |
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| Absentee Owner: |
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| Online: |
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| Employees: |
Full Time: 22 / Part Time: |
| Managers: |
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| Hours: |
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| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
4000 |
| Facilities: |
Modern, newly constructed club with unique, top notch décor. Consists of 4,000 square feet, plus a covered patio of 600 square feet including an outside bar and seating. Expansive parking for customers is a real asset for this Club. |
Summary
| Business Description: |
Priced to sell in the next 45 days. This a relatively new and successful night club located in a prime area in North San Antonio with plenty of parking available. Very unique with a reputation as a great place to meet, relax and enjoy exceptional drinks. The strategic use of social media as well as traditional media, plus featuring talented DJs (some known nationally) make this a very popular club.
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| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
Usual for this type of business and location. |
| Potential Growth: |
Expanding the hours and promoting featured events during the week should boost revenues.
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