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Boise's Best Dance Club & Bar
Location: United States -> Idaho -> Boise
Industry: Bars and Nightclubs > Nightclubs




Business Summary

The Balcony Club, voted Boise’s Best Dance Club & Gay Friendly Bar for 10 years in a row, is a turnkey business with approximately 5,000 sq. foot of space. The club is located in the heart of Boise’s downtown and in the middle of a vibrant and growing nightlife destination. The space includes a wrap around contained outdoor balcony overlooking Boise’s downtown core; and inside is one of Boise’s largest dance floors and seating for over 150. Fire code capacity is 387.

The sale includes the business, fixtures, name, goodwill, Liquor License, and everything in the club. The club has been in its current location for over 18 years and continues to be a successful and stable business with 15 years remaining on the existing lease (Buyer will want to work with the Landlord in securing a lease for the space). The asking price for The Balcony and liquor license is $625,000. The current owners (two) are willing to carry/negotiate a portion of the sale price.

There is opportunity to expand the business to include some food service and to create a VIP lounge inside the Balcony on the second level.

Current owners are ready to sell with one looking at retirement and the other has relocated to AZ.

Serious buyers can call 208-841-7525 for additional information or to make an offer.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $750,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Yes

About The Business

Year Established:  1996
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Available
Reason For Selling:  Owner relocated to AZ and other plans to retire

Photos

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Boise's Best Dance Club & Bar Photo 1 Boise's Best Dance Club & Bar Photo 2 Boise's Best Dance Club & Bar Photo 3




Print Listing Id: 700218520
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Idaho Businesses For Sale > Idaho Franchises For Sale > Idaho Business Brokers



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