Business for Sale Overview:
This is a unique upscale lounge and nightclub. It offers a blemish free, after hours liquor license, which enables the establishment to stay open until 4:00am. There are 2 bars on the main level complete with a dance floor, high end sound system, flat screens and projectors. Another room with a separate DJ booth is available for private functions. The facility boasts a full service professional kitchen.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The late night dance club has 6,170 square feet which includes a 3 bedroom apartment on the 2nd floor. The rent is $2,500 per month and the lease expires in 2016 with one 5 year option to renew. It has been recently remodeled and has a fully equipped kitchen.
Market Competition and Expansion:
A new owner should consider adding the Maryland Lottery and Keno, open for lunch and dinner, and pursue catering opportunities for additional revenue.
Reason for Selling:
The owner wishes to pursue other business interest
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.