Asking Price: $175,000

Gross Revenue: $582,133

Gross Revenue Comments: 4 year average ended 12/31/07

Cash Flow: $47,972

Cash Flow Comments: 4 year average ended 12/31/07

Inventory: $3,500 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Seller Financing: Financing available at competitive interest rate and reasonable term from a 3rd party lender to qualified applicant with sufficient credit & cash injection.

Opportunity to purchase well established, professionally operated, profitable nightclub in Exposition Park just across the street from the Dallas Fairpark Music Hall and Centennial Hall. Quaint area of enterprise galleries, lofts, shops, a video store, salon, couple of restaurants and a coffee house. Business can best be described as a dance/music hotspot for a mixed clientele welcome to anyone on the weekends with a neighborhood feel for the after work crowd looking for drink specials during the week. Decorated with a Far East touch creating an exotic, fun, cool, comfortable atmosphere. View website at www.minclounge.com.
For more information on this nightclub operation for sale, please contact Stocker Travis at 972-783-1662 or e-mail at stravis@bizdealmaker.com

Year Established: 2002

Employees: 4 full time -

Facilities: Business operates in a 4,500 square foot leasehold space with a 2,000 square foot outdoor patio near downtown Dallas at a base rental of $4,000/month plus $1,000/month for parking. Current lease term expires 12/31/08 with a 5 year renewal option.

Market Outlook and Competition: Excellent market outlook for a promotion minded individual with the resources and vision in this type of industry.

Management Training and Support: Seller will provide 30 days on-site training after purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of training and sign a no competition agreement.

Reason For Selling: To free up owner time and management to focus on new restaurant/club venture