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Listing #3529

Rare Upscale Eastside Nightclub & Dancing with Seller Financing!

Price: $200,000
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Rare Upscale Eastside Nightclub & Dancing with Seller Financing!

One of a kind location.Downtown Kirkland.Opened in January of 2011.It features live music (Jazz, piano, R & B) and also a live DJ. It is an upscale custom designed decor with a huge center piece bar and antique back bar, fireplace, VIP room, dance floor, piano, a professional sound system (both live music and DJ), and a professional custom lighting system. The Seller is moving to Turkey.Motivated to sell. Seller terms with 50% down, 4 year term, at 6% interest.

This is an Add Value Alliance, Inc. dba Washington Brokers listing.


This is a Add Value Alliance, Inc. listing.
Founder Lawrence Braden
Sold

General Information
Listing Status: Sold
Price: $200,000
Location: Bellevue ~ Redmond ~ Issaquah ~ Snoqualmie
Last Year's Annual Gross: $500,000
Lease Information: New Negotiable 5 Yr + Options
Liquor License: H
Indoor Seating: 90
Outdoor Seating: 70
# of Part-Time Employees: 10
# of Full-Time Employees: 1
# of Family Employees: 1
Hours Open: Monday-Sunday: 4pm-2am
Year Established: 2009
Inside Sq. Ft.: 2167
Hood System Type 1: Yes
Highlights
  • Rare upscale nightclub and dancing in WA

  • Very distinctive upscale interiors

  • Would be easy to convert to popular wine bar

  • Could be sold with restaurant listing 3528 to triple sales

  • Annual sales exceed $500,000 with liquor profits

  • Opportunity to partner on experienced food service

  • Similar build out would cost more than twice asking price

  • Good opportunity to expand hours to increase sales

  • Would be very easy to grow and expand business

  • High vehicle and foot traffic location

  • Upscale neighborhood has very favorable income demographics

  • Good opportunity to negotiate with seller and landlord now



 

Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that GSRE, LLC dba Charter Business Brokers ("Broker") or its broker (s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the infomation provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.  This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

This is a GSRE, LLC dba "Charter Business Brokers" Listing.



 



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