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Established Private Club With Untapped Revenue Potential For Sale

East Dallas, Texas
Asking Price:
$100K - $250K Inventory / Stock included
Sales Revenue:
$250K - $500K
Cash Flow:
$50K - $100K

Selling a very established private club, serves liquor, beer and wine, great dance floor, band stand, seven pool tables and 8- liners. Same location for over 25 years; we are looking for a new owner to take over and establish a new lease with the landlord, purchase our assets, our customer / memberships consisting of over 5,500 members, and our liquor, beer and wine inventory.
The assets consist of our TABC license with unlimited membership, all Dallas City and County registrations and permits, Dance Hall permit, Coin Operated machine permits, 150 stools, tables, cash registers, membership entry and tracking system, PC and printer, Seven (7) pool tables, Five (5) 8-liner machines, Cigarette machine, 8 X 10 walk in storage cooler, Five (5) bottle coolers, miscellaneous freezer boxes, DJ booth with equipment and loud speaker system with color lighting on dance floor, large safe in office, and decorative neon signage inside and outside.

Property information

Real Estate:

Lease

Lease Terms:

NNN. Landord / complex owner takes care of all exterior including roof top air conditioning. Lessee takes care of interior needs.

Leasehold Rent:

$77,667 per annum

Location:

Front facing suite near the corner of a major freeway and busy street, with car dealerships and restaurants nearby.

Premises Details:

Single story, glass front,with aggregate exterior walls, has 2 entrance doors, sidewalks, very large shared and lighted parking lot. Capacity of 355 people

Size in square feet:
7990 total square feet

Business Operation

Expansion Potential:

Possible with adjoining suites.

Competition / Market:

None in the immediate area, nearest 12 miles away.

Reasons for selling:

Owner / Partners (2) ready to retire and travel.

Trading hours:

Currently the hours are 6:00 pm to 2:00 am Tuesday through Saturday.

Employees:
5- Five
Years established:
over 25 years with same name and location

Other Information

Support & training:

Existing owners willing to train and offer support to new owners for up to 45 days after purchase if needed.

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$20,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

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