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College Dance Club and Bar

Memphis, Tennessee (Shelby County)

Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

Asking Price $350,000 Inventory  
Gross Income $456,560/10 months Real Estate  
Cash Flow $106,000 Year Established 2008
FF&E $35,000* Employees 9+

* included in the asking price

** not included in the asking price

Located close to a major university, this Bar and Dance club caters to the college crowd. In a short time , this club has grown and generates good cashflow. The opportunity to expand music options as well as weekend day food options makes this a very attractive investment.

Facilities: Located close to a University, this building houses a Dance area, seperate Pool table / game room and also has a smaller intimate bar area. Most equipment is less than 2 years old. Building lease is $5805 per month through 2011 with a 3 year option. Increases are capped at 7%.

Competition: Normal College competition but this club benefits from being within walking distance of Campus.

Growth/Expansion: Opprotunity to grow food offerings and exploit the Sports Bar during the weekends.

Support/Training: Owner will stay upaid for 30 days and will negotiate a longer paid term.

Reason Selling: Relocation

Business For Sale By

Bill kendrick

404-307-7354

Alliant Capital Advisors LLC

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