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Profitable Nightclub for Sale in Washington, United States

Acquire a lucrative speakeasy with live music, 8 monthly events, attracting 60+ daily patrons.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 250 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 40 %
Industries Nightclubs
Locations  Washington
Local Time 9:47 PM America / Nipigon
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: USD 250,000)
Reason: The promoter wants to focus on another business venture.
Includes physical assets worth USD 250 thousand
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Business Name
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Business Overview
- The business is an upscale turnkey speakeasy in Washington, featuring live music in a vibrant environment, appealing to a broad demographic of 25 to 45-year-olds.
- Leveraging high-margin sales, the business capitalizes on popular offerings such as hookah and cocktails to drive substantial profitability.
- The venue is strategically designed as a no-kitchen establishment, minimizing operational hassles while maximizing space for patrons and events.
- Managed by a lean team of 4 employees, effectively reducing operational costs.
- Steady reoccurring revenue is secured with over 60 patrons daily and consistent bookings for private events, averaging 4 private events per month.
- Supplementing its revenue streams, the business hosts 4 to 8 in-house events monthly, further boosting customer engagement and sales.
- The speakeasy enjoys excellent visibility and credibility with high rankings on Google and positive venue rental reviews, enhancing its market presence.
- The establishment is fully licensed to serve liquor, ensuring compliance and providing a complete experience for its clientele.
Products & Services Overview
The business's top-selling products and services include high-margin hookah and cocktails, catering primarily to a 25 to 45 age demographic. Additionally, the venue offers private event rentals as a key service.
Assets Overview
Tangible assets: appliances worth USD 20k, and liquor inventory worth USD 20k.
We have spent over USD 350k on developing the facility and are selling these assets at a discounted valuation of USD 250k.
Intangible assets: our presence on social media, and event rental platforms.
Facilities Overview
The facility consists of 1 floor, covering 1,000 sq ft, with an extendable lease. It can accommodate 46 people at once. The rent is USD 5,500 per month.
Capitalization Overview
No loans or no debts.
Fully operational.
Owned by a single promoter.
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8 Buyers viewed this Business this week. Register below to connect now!
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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