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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Clinton, NJ 59 Old Highway 22 Clinton, NJ 08809 (908) 735-6357 www.vrica.com vr4061@vrbusinessbrokers.com |
VR Business Brokers - Danbury/Bethel, CT 2 Stony Hill Road, Suite 206 Bethel, CT 06801 (203) 731-2400 www.vrbusinessbrokers.com gary@vrbeacon.com |
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Business Listing Details |
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LISTING#: |
A0120: Cocktail Lounges/Taverns/Bars Live Entertainment Hot Spot |
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LOCATION: Fairfield County, CT |
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ASKING PRICE $400,000 |
AMOUNT DOWN $400,000 |
REVENUES: $760,000 |
DISCRETIONARY EARNINGS $255,000 |
TOTAL ASSETS $108,000 |
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| Venerable live entertainment club offers broad range of acts - Rock, Hip Hop, Brazilian, Latino, Comedy, etc. Very well known. Approx. 10,000 sq. ft. Licensed for 500 w/seating, can accomodate SRO crowds over 1300. Three bars. No new cafe licenses are being granted in the area. Current owners are distracted by other business interests. Club would benefit greatly from more vigorous management. Tremendous opportunity for the right partners. For further information, please contact Ahmad Behjati at 203-731-2400. |
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| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |