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Listing #3529Rare Upscale Eastside Nightclub & Dancing with Seller Financing! Price: $200,000











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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.





General Information Highlights
Listing Status: Available
Price: $200,000
Location: WA Eastside King County
Last Year's Annual Gross: $500,000
Lease Information: Expires May 2015 + two 5 yr options
Monthly Rent: $4,250
Liquor License: H
Indoor Seating: 90
Outdoor Seating: 70
# of Part-Time Employees: 10
# of Full-Time Employees: 1
Hours Open: Monday-Sunday: 4pm-2am
Year Established: 2009
Hood System: Yes
General Information 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
 
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. 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 the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

 



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