Boise's Best Dance Club & Bar

www.GlobalBX.com

Listing ID: 700218520

Listing Title: Boise's Best Dance Club & Bar

Quick Link: http://www.globalbx.com/listing.asp?bId=218520

Industry: Bars and Nightclubs

Industry Segment: Nightclubs

Country: United States

State / Province: Idaho

Area

City: Boise

Asking Price Range: $500K - $1.0M

Gross Revenues: $750,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1996

Number of Employees: 10 - 19

Business Description:
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.



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