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Nightclubs For Sale (New York, United States) Asking Price:£64218

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Nightclubs For Sale


Revenue £Available on Request, Net Profit £Available on Request, Established 1970

Partner selling 1/5 share of Bar and Grill re-branded as Long Island's premier mid size concert venue. Full calendar (250) of national acts and concerts focusing on ages 21-45. 4-5 events per week. Huge stage, green room with many large flat screens over large bar and outdoor lounge. State of the art sound and lighting systems. Full kitchen serving high profit menu. Managing partners-promotors have 20 years music business experience and have run some of LI's most successful concert venues. 5 partners(3 absentee) net $50k per year and growing. Revenue projected to grow to $2m with large scale radio and advertising promotions. One partner must relocate and is offering his share of the business.Partner can be passive investor or be more involved in day to day operations with additional salary. Contact broker for more information.

Business Information

Number of Staff

2 full, 2 part

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

other business

Any Inventory / Stock value

Yes

Is this a home-based business

No

Property

Yes

Telephone

Business Location details

Suffolk County, New York, United States

Competition / Market

Business/Market

Trading hours

Yes

Any Support & training

seller will train

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

No

Is this business part of a franchise?

No