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| Location: |
Downtown Des Moines, Iowa |
| Type: |
Night Club |
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| Financial Information: |
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General Information: |
| Purchase Price: |
$595,000
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Years Established: |
21 year(s) |
| Annual Sales: |
$1,411,993 - 2008 |
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Required License(s) |
Liquor, Beer, Cig, Games, Dance |
| Annual Net Profit: |
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Employees: |
10 Fulltime, 25 Part-time |
| Recasted Cashflow: |
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Business Hours: |
3:00 p.m. to 2:00 a.m. 7 days a week |
| Equipment Value: |
$275,000 |
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Reason for Sale: |
Divest business interest |
| Inventory Value: |
$12,000 |
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| Terms: |
Cash |
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| Building and Property: |
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Additional Comments: |
| Monthly Rental: |
$9,600
plus CAMS |
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Hot spot in Downtown Des Moines. Good solid income. |
| Lease Information: |
Expires June 2016 w/1 ten yr. option |
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| Square Footage: |
7,500 |
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