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Nightclub for Sale in New York, United States

No. 1 nightclub and event space in Manhattan seeking an experienced and proven operator.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 4.5 million
Run Rate Sales USD 4.5 million
EBITDA Margin 25 %
Industries Nightclubs
Locations  New York City
Local Time 4:36 AM America / New York
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.8 million (Native Currency: USD 1,750,000)
Reason: Owner has other interests.
Includes physical assets worth USD 1.8 million
Documents
Teaser
NDA
Business Overview
- 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 2.5 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.
Products & Services Overview
Nightclub.
Facilities Overview
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.
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 !
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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