Exceptional Downtown Location


Listing ID: 70099422

Listing Title: Exceptional Downtown Location

Quick Link: http://www.globalbx.com/listing.asp?bId=99422

Industry: Bars and Nightclubs

Industry Segment: Nightclubs

Country: United States

State / Province: Arizona


City: Scottsdale

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $3,000,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2005

Number of Employees: 20 - 34

Business Description:
Space ideally located in the heart of the Downtown Scottsdale entertainment district. The building was constructed in 2005 and consists of approximately 7,329 net rentable square feet (3,976 interior plus 3,353 Mezzanine) plus a patio of about 1,400 square feet. This property for sale is perfect for an owner/user or an investor with plans to re-tenant the building. The building is fully equipped with all the necessary hospitality equipment, which is available for purchase separately as a package. 2005 new construction Interior size: 7,329 sq feet Interior fire rated capacity: 484 (holds approx 600 people) Patio size capacity: 1400 sq feet, (approx 150-200 people) Parking lot size: 25,000 sq feet, (approx capacity of lot when used for special events/etc: 1,500 - 2,000 people) Total parcel size: 30,000 sq feet Operational features: - 14 service wells - 3 full size icemakers - private elevator entrance for vip's - extensive bathroom facilities: 3 downstairs- 1 men's bath with 5 urinals + 1 stall, 1 womens bath with 4 stalls, 1 vip bath with stall & urinal 3 upstairs- 1 men's bath with 4 urinals +1 stall, 1 womens bath with 4 stalls, 1 vip bath with stall & urinal - catwalk and stage for performances - 4 hanging pole tables in fire room for dancers - 2 dance floors, 1 in water room, 1 in fire room - sound system able to accommodate up to 4 different music formats, 1 per room, or combine - 3 connecting vip only sections with their own service wells and own bathrooms - dumbwaiter from kitchen area on lower level to service area on upper level - tables in all rooms available for bottle service - 90 parking credits (note parking spaces sell for $10,000 each with the city) * Has current bar use permit and parking to support bar use per city requirements Rest of info attached, note equip package attached separately, not included in real estate purchase price- price for package is negotiable. Email or call Aron Mezo 1-800-541-1309.

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