|
Asking Price$1,750,000
Revenue | $4,511,000 |
Established | 2014 |
Cash Flow | Undisclosed |
Employees | 52 full-time |
FF&E | $1,700,000* |
Franchise | No |
Inventory | $75,000* |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
|
Business Description: THE NUMBER ONE NIGHTCLUB AND EVENT SPACE IN MANHATTAN SEEKS AN EXPERIENCED AND PROVEN OPERATOR TO TAKE CONTROL OF THE DAY TO DAY OPERATIONS.
Business has a very strong professional management team in place with an average of 15+ years of experience in the nightclub business.
Automated Inventory control systems that owner recently implemented shows accountability at an average of 98% in terms of inventory controls.
Owner spent the last 2 1/2 years building out the brand of the business and intellectual property and the club is packed with high-end clientele 4 nights per week.
Business has a database of over 50,000 clients and has a very established social media base.
Further, the events business has grown this past year by 140% and continues to be on a very positive trajectory.
Nightclub caters to a high-end clientele with its nightlife program and regularly includes celebrities and sports stars from the Jets, Giants, Knicks and Nets. Regularly featured in Page 6, New York Times, and OK Magazine.page2image15232 page2image15392 page2image15552 Competition is limited based on barriers to entry, including the fact that it is almost impossible to find spaces in NYC that even allow a nightclub business.
Further, this business has a grandfathered Cabaret License, Liquor License, 4AM approval for 7 nights/week and approval for brunch hours on Sat/Sun..
Stunning interior design and located in the most high end neighborhood in NYC in a building that has architectural significance.
Owner spared no expense with buildout and overall design of the space including sophisticated sound and lighting systems.
A TURNKEY OPPORTUNITY TO BECOME THE OPERATING PARTNER OF ONE OF THE HOTTEST NIGHTCLUBS AND EVENT SPACE IN NYC.
Historical Summary: The location of this nightclub and event space has a legendary history as a top nightclub/music venue for the past 25 years.
The owner recently completed a top to bottom $4,000,000 dollar makeover of the space by a critically acclaimed designer.
Celebrities and sports stars that have appeared at the club just over the past few months include Rihanna, Heidi Klum, Victor Cruz, Drake, Odell Beckham Jr, Usain Bolt, Ronaldinho, George St. Pierre and many others.
Facilities: | Monthly Rent: $ 48,000
Square Footage: 5455
Type of Location: Commercial
Facilities:
AN AMAZING CORNER LOCATION IN THE MIDST OF ALL OF THE DOWNTOWN ACTION IN NEW YORK CITY. THIS COULD NOT HAVE A BETTER LOCATION ! |
Competition: | EXTREMELY LIMITED AND DIMINISHING |
Growth Potential: | UNLIMITED |
Training/Support: | COMPLETE TRAINING AND SUPPORT |
Seller Financing: | NEGOTIABLE |
Sale Reason: | OWNER HAS OTHER INTERESTS |
Ad #91069
Seller Reference #CNY3330121
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
|
|
|