Iconic Nightclub for Sale-Downtown Chula Vista

Chula Vista, CA

Seller Financing Available

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Asking Price:$350,000
ASSET SALES DESCRIPTION

Iconic nightclub and music venue for sale in Chula Vista Chula Vista! This venue has been operating for over 40 years

Includes *refundable* unrestricted ABC 48 License allowing for indoor/outdoor liquor sale, entertainment, and amplified music until 2 AM! License valued at over $275,000

*ABC 48 license and FFE will be bought back at conclusion of lease for $300,000 plus FFE valued at $50,000

This well established nightclub, bar, and music venue has been a Chula Vista staple for over 40 years! The 5,000 SF venue features a huge horseshoe-shaped bar, pool tables, and a large stage with state-of-the-art sound systems and lights.
Outside is a large outdoor patio with a bar and seating areas.

The club regularly brings in big-name bands and entertainment, guaranteeing a packed house every night!

Right on one of the busiest corners in Chula Vista with abundant signage and across the street from large mixed-use development projects, Starbucks plus other major food brands, and dense residential neighborhoods. Close proximity to the upcoming Chula Vista Gaylord Project.

Large parking lot for club patrons only during operating hours.

Lots of upside to expand operating hours or open as a sports bar during off-hours and offer more events and entertainment.

Current owner is 100% absentee

Rent is $2.40/SF +NNN for the first year of lease.

*Seller Financing Available
*Seller buy-back of liquor license and FFE available at conclusion of lease


DETAILED INFORMATION
Location
Chula Vista, CA
Financing
Seller financing up to $100,000 for qualified buyer
Support & Training
Full support and training available from current owner for up to six weeks. Seller will also pass over contacts for promoters, DJs, security, and bands that perform and operate at this venue.
Reason for Selling
Retirement from Industry
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David Cutler
Woodbridge Investments Inc
David Cutler