San Diego’s Hottest Alternative Nightclub Restaurant & Lounge For Sale

Business description

With an initial capital investment exceeding $4,500,000, this sale provides a savy buyer the opportunity to own San Diego’s hottest alternative nightclub, restaurant and lounge for a fraction of the seller’s initial investment cost. This spectacular venue, which is truly unlike any other in San Diego, offers patrons an unmatched location, and an unbelievable multi-faceted entertainment experience. The business’s first class buildout, and its equipment, liquor license and entertainment permit provide the buyer all of the ingredients necessary to achieve an unbelievable return on investment. This top venue now just needs the right owner / operator to fill the gap in an industry niche ripe with opportunity.

Property information

Real Estate:

Lease

Lease terms:

The business is located in a 14,000 square foot facility that leases for $30,000 per month (including CAM). The lease offers a five year term with multiple options.

Location:

The business is located in a 14,000 square foot facility that leases for $30,000 per month (including CAM). The lease offers a five year term with multiple options. The sale includes all the assets of the business including the name, buildout, equipment, furniture, fixtures, computer equipment, customer base, goodwill, website, as well as a full liquor license and entertainment permit.

Size in square feet:

14,000

Other information

Expansion potential:

This business has a great deal of room to grow. The current owners have been operating the business undercapitalized, thereby preventing the business from investing in the marketing and promotion campaigns necessary for this venue to develop the appropriate customer base.

Competition / Market:

Competition is considered medium as other bars and restaurants exist in the area, however there is no facility that compares with this one in terms of size, style, layout or potential.

Support & training:

2 wks at 20 hrs/wk

Reasons for selling:

Restructuring

Financing available:

Not Offered