businesses for sale

Cocktail Lounge with Entertainment,Dance for sale

Cocktail Lounge with Entertainment & Dance

Location: LA Sp Bay, California

Category: Entertainment Leisure Businesses for sale

Asking price: $750,000.00

Description of the business for sale
Cocktail lounge (type 48) been in same family over 35 years. Current owners inherited business couple years ago and are Not knowledgable operators.Seller Operates all help run. A knowledgable operator can easily net over $150K / yr. Buyer needs to control pouring costs, restructure the payroll and control entertainment costs. Lots of potential for increased net profit. Buyer could also add kitchen and light food. Great opportunity with lots of build-in growth in the area.

Support / Training provided by seller
Seller will Train

Description of the facilities
Located in 2091 sq ft retail space in growth area

  • By phone: 310-722-1793
  • Ask for: John Orienza

Reply to this ad

Business details

Torrance , CA
Broker Co-op? contact us

Listing Id: 92782
Reference Id: 1001500
Year established: 1976
Employees: 6

Asking Price: $750,000.00
Revenue: $576,000.00
Annual Net: $150,000.00
Down Payment: $400,000.00

Business Type:
Non Relocatable Business

 Printer Friendly

businesses for sale