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Nightclub And Lounge In Queens County For Sale

Queens County, New York
Asking Price:
$550,000 (USD)
Sales Revenue:
$2,860,000 (USD)
Cash Flow:
$572,000 (USD)

Nightclub/lounge for sale *PRICE REDUCED* MOTIVATED SELLER. NEGOTIABLE. This spot is 5,000 sq. ft., with full kitchen. Currently, this location is only open three nights per week- Thursday, Friday and Saturday, 10pm - 4am. They have a full liquor license and cabaret license (cannot be converted to a gentleman's club). This place caters to patrons from throughout the boroughs and LI, as well as celebrity clients and entertainers. The location offers high-end design, high-end audio, DJ booth, fully-stocked bar/table services and VIP area (11 booths with four-bottle minimum. Each bottle costs at least $200- do the quick math). They also have a fully operating kitchen with hood system. One of the cleanest kitchens you will see. It is located in an ideal area, right off a major roadway, and surrounded by dead-end streets for their valet parking service. The business had average gross sales of approx. $55,000/week from just three days. On all other nights, they host private events, but that has only been marketed on a very limited basis. The business is fully-staffed with two bartenders, three bottle girls, three hookah girls, two barbacks and a chef. On Thursday, Friday and Saturday, there are 12-20 security staff workers on premises. We are seeking a serious and financially qualified buyer with at least $550K in liquid funds to cover the asking price plus $34,400 in rent security. All site visits must be discreet. Please do not mention the sale when visiting the location.

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Property information

Real Estate:


Business Operation

Reasons for selling:

Has another F/T job. Partner leaving.


Other Information

Support & training:


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

550,000.00 Down & Possible for a serious and qualified buyer.

Furniture / Fixtures value:
$250,000 (USD)
Inventory / Stock value:
$10,000 (USD)

Contact Information

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