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Listed by:

David Hoffman and Associates

Nightclub In Philadelphia For Sale

Philadelphia, Pennsylvania
Asking Price:
$1,500,000 (USD)
Sales Revenue:
$2,000,000 (USD)
Cash Flow:
$1,500,000 (USD)

This nightclub has three main Money generating entities, which all bring in LARGE amounts of revenue. There is a Minimum $20/person charge to enter the establishment. The inside features lounges and a main nightclub area with a large dance floor, stage, state of the art lighting and sound, DJ Booth, and charged private party seating. The outdoor deck rivals any outdoor deck to be found at any nightclub, Anywhere. The deck can serve 2,000 guests. The main room can accommodate 1000 guests, with another 300 in the lounges. The deck features a Tropical theme, with a working waterfall. Additionally, the establishment has a smoking license. Ownership, however does not allow cigarette or cigar smoking. Instead, guests are encouraged to utilize the venue wide charged Hooka service; a big social interactive hit.

The nightclub attracts affluent guests, as well as colleges, private organizations, and celebrities from the world of sports and entertainment, both local and national/international.

This business is a Gold mine!!! It could be a crown jewel, Netting $1.5 million annually. Principals only should reply.

Property Information

Real Estate:

Lease

Premises Details:

40,000 +/- sf nightclun/deck with state of the art lighting, sound, POS, and new Kitchen Equipment, on a major city thorofare, with nearby venues which attract massive numbers of people to the immediate area.

Business Operation

Expansion Potential:

Revenue splits indicate an opportunity to increase food sales (10%) for operators so inclined.

Competition / Market:

No competition. This is a one-of-a-kind venue.

Reasons for selling:

Reinvest in passive investments for more family time

Employees:
80 +/-

Other Information

Support & training:

4 weeks

Financing available:

$1,000,000 @6%, over 3 yrs

Relocatable:
This business can be relocated.

Listed by

David Hoffman and Associates

Contact Information

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