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Business for Sale

MLS# H4034889 Price: $49,999

Sale of business only! Long established branded Lounge/Night Club called "O Ultra Lounge". Licenced for 94 occupants and located on the top floor with a possibility for a kitchen. Fantastic turnkey operation with potential sales at over 30K per month. Reasonable lease at $2000.00/month. Loyal following and all chattels and equipment included in sale. Owner has recently wound down business but it can easily be ramped up once again with some new fresh promotion! Cost effective Lease at $2,000 per month plus HST. Amazing opportunity for someone with a fresh approach and new ideas which will afford a steady income with room to grow with a very established brand! This business prides itself as being the longest running electronic and Latin Night club in the City.

What's your Walk Score? 79 Very Walkable

What's your Transit Score? 57 Good Transit

Property Details: 612 Upper James Street (near Fennel Ave. W )
Listing# 7207

Location

Address 612 Upper James Street
City Hamilton
Cross Streets Fennel Ave. W
District Hamilton Mountain (15)
Neighbourhood Westcliffe (151)
Listing Agent Vincent Formosi

Description

Sub Type Sale of Business Price $ 49,999
Lease Rate Per For Sale LotSize N/A
Location Hamilton Heating Electric Forced Air
Gas Forced Air Closed

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

David and Ann Ryan, Sales Representatives
Office: 905-632-2199 | Direct: 905-407-4353 | info@ryanshomes.ca

RE/MAX Escarpment Realty Inc., Brokerage | 4121 Fairview St, Burlington, Ontario L7L 2A4, Canada

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