| Currency | : $ |
| Price | : 150,000 |
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Business for Sale!
• Longmont’s hottest nightclub
• Has food service (newly opened)
• Voted #1 Readers choice band and dance venue.
• 9,000 sf
• $150,000 for corporation, lease, T.I. and license (no debt load), $200,000 for assets plus inventory.
• Owner highly motivated.
• All or part/terms.
This investment opportunity is because the owner owns three businesses and cannot devote the time it takes to take this one to the next level. He has brought it from bottom to top in one year and wants to see it climb to the next level. The assets are held outside the Corporation and are to be sold with the License and Corporation. “If I could sell the other two businesses for $2 mil I would do this full time!” says owner John Martinez. This is a success waiting for someone to take it to the next level! “If I sell 50% of my stock, we will hire a professional club manager to build the business to where it could be”. This is the owners preferred path, but he will sell ALL OR PART to see this business maximized.
• Owner has 2.5 years left on lease and will help negotiate an extension.
• Sales figures shared with signed ‘non disclosure/non compete’ form.
• Caters to the 30-65 year old crowd.
• Upscale venue, ‘The nicest in town!’
• Perfect for the person with experience or a passion for the food and entertainment business. Present owner has neither.
• Owner re-possessed business one year ago and upgraded the venue to where it is today. Owner is a numbers person that has never owned a bar, club or restaurant and had made a commitment to his wife to hold the business for one year. Twelve months is up.
• Total sales price $350,000 cash plus inventory, Sellers Co-op @5%. More for terms with 50% down payment buys 50% of stock, with contract to buy the rest as payments are made.
Owner; John Martinez
720-327-3920
jbventures@excite.com
Agent; Sarah Pfauth 720-338-0262 sarah.pfauth@HomesInColorado.com
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It is NOT ok to contact this poster with commercial interests.
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