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Hot Nightclub And Gorgeous Event Space In Nyc For Sale

New York City, New York
Asking Price:
$1,750,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,511,000 (USD)
Cash Flow:
Available on request

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
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.

Property information

Real Estate:

Real Property Included

Location:

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 !

Business Operation

Expansion Potential:

UNLIMITED

Competition / Market:

EXTREMELY LIMITED AND DIMINISHING

Reasons for selling:

OWNER HAS OTHER INTERESTS

Trading hours:

Days & Hours of Operation: Sun 11 PM to 4 AM (Nightclub is open for special events 7 days a week outside of normal business hours
Owner Hours: 24

Employees:
52
Years established:
2014

Other Information

Support & training:

COMPLETE TRAINING AND SUPPORT

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

NEGOTIABLE

Furniture / Fixtures value:
$1,700,000 (USD) - included in the asking price
Inventory / Stock value:
$75,000 (USD) - included in the asking price
Related Documents:

Listed by

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