Apt / Hotel With 2 Niteclubs, 4cop License Below Market

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Listing ID: 700129756

Listing Title: Apt / Hotel With 2 Niteclubs, 4cop License Below Market

Quick Link: http://www.globalbx.com/listing.asp?bId=129756

Industry: Bars and Nightclubs

Industry Segment: Nightclubs

Country: United States

State / Province: Florida

Area

City: Deland

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $900,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1986

Number of Employees: 10 - 19

Business Description:
Deland, FL Historic 6 floor residential hotel for sale. 58 furnished apartments. Ground floor has 2 nightclubs, country and rock with 4COP license valued at $250,000 and movable anywhere in county, including Daytona Beach. Up to $250,000 grant money from city possibly available. Possible owner part financing and assumption of current mortgage with strong financials. Located 2 blocks from downtown, across from new city hall building on busy state road 44. Building up to code, sprinkled. Includes 2 story back building with apartments. Ample parking. Some cosmetic work is all that may be needed. Could be DEAL OF CENTURY as I have priced way below market value at 2.2M after receiving in divorce and not wanting hoping for quick sale. WEB SITE HOTELPUTNAM.COM Serious buyers only email or call 386-956-7312



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