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Listed by:

Hollander Business Brokers

Nightclub/Restaurant/Kareoke/Music Venue For Sale

Torrance, California - South, US
Asking Price:
$795,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$400,000
Cash Flow:
Undisclosed

Beautiful Nightclub Ready For Your New Ownership

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration:
09/30/2030

Leasehold Rent:

$16,000 per annum

Location:

Torrance, CA (Los Angeles County)

Premises Details:

State of the art lighting and sound system. Full Kitchen w/hood. Full Bar and Full Liquor License. The business is only open 2 nights per week due to Owners personal limitations.

Size in square feet:
5,175 sq ft

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business should be open 5 to 6 nights per week. The current 2 night business plan fits the current owners lifestyle.

Competition / Market:

The business survived Covid and is growing rapidly now.

Reasons for selling:

The Seller has very little experience in American business practice and is tired

Employees:
5
Years established:
8 Years

Other Information

Support & training:

The Seller has very little experience in American business practice and is tired

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price