3302 Mercer Street Houston, TX

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1 3302 Mercer Street Houston, TX Formerly known as Uropa, Synn UltraLounge has been freshly renovated to suit a wide variety of both high end Houston socialites and weekend club goers. This upscale lounge offers a gorgeous and inviting interior floor plan that not only welcomes you, but also provides semi private areas to mingle as well as an energetic dance floor. This exiting hot spot features three full bars, each of which provides high end, super premium spirits and champagne. If exclusivity is desired, clients can make a reservation at one of the comfy VIP booths and enjoy bottle service as they relax and take in the ambience. The venue offers comfortable lounging on the beautiful covered patio which features a cascading waterfall. Whatever the nightlife needs are, this wonderful space can definitely help clients fulfill them!

2 General Information Facilities Sales price: $195, Year Acquired: 2013 Type: Free Standing Building Year Renovated: 2014 Size: 3,600 SF General Location: Houston (Inside Loop) Rent/Mo: $5,773 Employees: FT: 0 PT: 3 Contract:1 Lease Exp: 4/30/16 Operating Hours: 2 Days, Fri-Sat 9pm-2am Renewal Option: (1) 2 Year Option Reason for Sale: Purchasing a larger bar/club Security Deposit: $5, Gross Sales: $468, Land Area: N/A 2014 Gross Sales (Jan. 1 to Sept. 30): $259, CAM: $0 Taxes: $0 Ins. $0 Business Summary Awesome deal on one of Houston s top revenue generating nightclubs in the River Oaks/Greenway Plaza/Upper Kirby area. For over 15 years, this location has been a relevant attraction and continually brings in an upscale professional crowd along with Houston s elite. The Greenway/Upper Kirby area is a well educated, upper-middle class neighborhood with approximately 18,769 residents possessing an average household income of $75,000 and $150,000. The building features a large dance floor, a cozy, covered patio with a waterfall feature, and a premium lounge area for VIP s. Recently renovated by the current owner in March 2014, the club is brand new from top to bottom along with an updated sound and lighting system. With plenty of free parking spaces available, the club can easily accommodate upwards of 400 people and is the only building open during club hours in this commercial business area. There is a general manager in place that will likely stay and he takes care of all operational duties. Assets Included: Assets Excluded: Assets Leased: Growth Potential: All assets of the business except exclusions. Cash, Accounts Receivable, Deposits, Personal Items and Liquor ATM Open more nights

3 Club Details Located in the heart of River Oaks, the most affluent residential neighborhood in Houston Adjacent to the Greenway Plaza business center 3,600 Square Feet 3 Full Bars with the ability to add a 4th for very large events/parties Covered patio with seating area and cascading waterfall feature New lighting and sound system throughout the club Completely renovated in March, 2014 Liquor license is included in asset sale (Expires, October 2016) Aloha Point of Sale System - 4 Touch Screen Terminals 16 Camera DVR with Security Cameras Remote access security alarm system 2 LCD Flat screen TV s on HD Format 22.5 Tons of air conditioning All furniture, fixtures and equipment are included in sale 1000 pound Hoshizaki Ice machine with a 900 pound storage bin Dell back office computer Fully equipped office with file cabinets, desk and drop safe included Items not included in sale: ATM Machine, CO2 Beverage System & Liquor Men s restroom details: Sink with storage cabinetry ; 4 urinal stations with 1 private stall Ladies restroom details: Sink with storage cabinetry; 4 individual private stalls 3 Storage closets

4 The back lounge area features a full bar and private bottle service section

5 Above, close up view of Lounge area bar. Below, front area main bar

6 Above, view of front area bar and Bar VIP bottle service section from the dance floor Dance floor VIP area is an elevated private section for bottle service

7 Above, view of front area seating (background) and Bar VIP seating (foreground). Below, view of the dance floor and dance floor VIP seating section.

8 Men s restroom

9 Women s Restroom

10 Above, view from the bar of the patio seating area and cascading water fall Night time street view of the front of the Club

11 Daytime street view of the front of the club from the corner of Branard and Mercer

12 Aerial view of venue in relation to the surrounding neighborhood. Building Location: 3302 Mercer Street

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