Posted in Scottsdale, The Dirty | February 3rd, 2009
$2950000 Single Tenant Retail Bar/Restaurant in Old Town Scottsdale (Old Town Scottsdale) (map)
Reply to: see below
Date: 2009-01-29, 3:47PM MST
7300+ square feet of retail space suited for an bar or nightclub owner/operator in the heart of Old Town Scottsdale. Property built in 2005, meeting all the new Scottsdale parking requirements. Walking distance to over 200 restaurants and bars in the area. The location cannot be beat for a new nightclub. Gross revenue when the business was open was averaging $250,000 a month and up to $450,000 a month. This is a perfect opportunity for a nightclub owner with a great concept to pull in tremendous cash flow and own the real estate. Leases will also be considered with a personal financial statement provided, a comprehensive business and marketing plan, and cash for tenant improvements. Serious inquiries only.
This location is a joke and that price is a joke. This place will never make it no matter who purchases it. I promise.- nik
20K-MILLIONAIRE says:
If JUSTIN_BOBBY buys it the place would be packed..
to 20K-MILLIONAIREjustin bobby(the real one) says:
i’d pay $50.
to justin bobby(the real one)Stewie Griffin says:
3 mill?!?!! bwahahahahahahha
to Stewie GriffinRocket Queen (the real one) says:
I will purchase it and turn it into my laboratory for harvesting Nik’s sperm so I can ensure proliferation of his intelligence and good looks.
wtf?
to Rocket Queen (the real one)Pravoslavac says:
I was about to say what a great deal for 300K…then I read again and saw it was 3 million? Hahahahahhaah, umm, good luck with that…not.
to PravoslavacLuddite says:
Same here, I had to go back and see that it was $3M for that nothing place. Hint to the seller: it is NOT 2005 anymore.
to LudditeVenom says:
If it was open and doing those numbers it would be worth $2 million plus.
to VenomHowever, as it is closed, it is only worth the price of the building and the license, maybe $750,000.
Cool Aid says:
Turn it into a strip club with some big boobie girls
to Cool Aid20K-MILLIONAIRE says:
I AGREE..BUT WHAT ABOUT CITY REGULATIONS? WILL THEY ALLOW IT??
I WOULD RUB ONE OUT IN THE BATHROOM AFTER I’D GET A LAPDANCE I
to 20K-MILLIONAIREWhat is going on in Old town says:
I blame that pencil neck aaron m*zo and obama for allowing them to come to scottsdale. The crowd has no headed north to ruin the rest of the clubs. Instead of trying to improve the clubs they now let anyone in. Good by old town hello south central.
to What is going on in Old townPig Bush says:
The property looks like a Taco Bell!
to Pig BushGETRAD'S TAINT says:
maybe the owners of cream should buy it then
LOL
to GETRAD'S TAINTMedium Pimpin (Its Pimpin Pimpin) says:
What’s wrong with the location of this club Nik? It is sort of shopping mall-ish but its right off drinkwater basically in the middle of old town… I’m sure the right club owner can make the place jump.
to Medium Pimpin (Its Pimpin Pimpin)Medium Pimpin (Its Pimpin Pimpin) says:
3 mill is a ridiculous price though.
to Medium Pimpin (Its Pimpin Pimpin). says:
Mezo is outta his mind.
to .Anonymous says:
Ass…there is no Menzo it’s Sky
to Anonymousstl Xfire says:
That place is called a club in Scottsdale?!?!? It looks like a Culvers or Taco Bell to me…look…its even got 2 drive up windows already!!!!!!
to stl XfireUnderage G-Girl Hater says:
E4 Had its Day. When it first opened it was doing 400k a month. Now with all the tard running it ie the CELEBRITY COLLECTIVE and there teen nights and underage 21 nights they ran it to the ground. Now there over at 6, lets see how long that lasts
to Underage G-Girl HaterJohn Little says:
Those numbers are a joke, no way did it do that and if it did we need to do an AUDIT asap.
to John LittleKDIZZLL says:
i think it looks like a furniture store?
to KDIZZLLdmoney says:
what are they talking about e4 has great location. right next to the quiznos
to dmoneytotally says:
aron mezzos fault.
to totallyN166ER says:
Please if it was doing those numbers it WOULDNT be for sale….
Cmon, Poserdale is being exposed for what it is now.. It was fun in its heyday. But everyone is as broke as a JOKe now..
to N166ERhuh says:
The great thing about being closed is they dont have to prove those bogus numbers in the sale. If they were selling an operating business they would be subject to an audit before the sale and the buyers would see this place is a money loser.
The property & its licenses (if transferable) are worth $500k today & the price should drop by the day in the exceptionally weak Arizona market. At 3 mil the owners are looking to get every dime they put in back out and make a profit. No one is dumb enough to pay that price, even people that buy things off Craigslist.
to huhJoke says:
“Huh” I second that, this whole thing has been in the works for years now….ran it dry. Menzo isn’t even part of it anymore unless you want to audit the original sale paperwork and who owns the land, etc. when Menzo checked out. Look at the “current owners” hmmm hair plugs, Ferrari, snow skiing
etc. lol
to Jokeitstrue says:
haha!! THE TRUTH IS THEY LET DJ SLIPPE RUN SOME NIGHTS AND BRINGS ALL HIS JAILBAIT GIRLFRIENDS TO THE CLUB!! NOW HES DOIN IT TO MYST AND 6!! WHAT A JOKE!! NOW WHAT IS THIS”PLATIINUM NIGHTLIFE GROUP”? A BUNCH OF LOSERS!!!!
to itstrueObviously says:
250-400k pesos a month
to Obviouslykg says:
Realtor should also be shot for this photo, I would never place an ad with the TACO Bell looking front. Maybe a few shots of the 2Mil + interior.. What a JOKE. Must have been part of the GHETTO Mafia. This will never be successful true-WORST ever location and parking, CREAM should buy it.. and get better hookers to work there. Jesus where are scottsdale’s finest?? I don’t understand.
to kg