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Business For Sale

Special Events and Live Performance Venue, with...

Birmingham, AL, USA

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,150,000
$2,238,108
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2001
20
5964591
Owner Financing is Available

Business for Sale Overview:

One of a kind multi-functional entertainment complex. Beautiful full service bar incredible live music theater with state of the art sound and acoustics. 5000 square foot event space/music hall and adjacent creative office environment. This unique location has been the talk of the town for nearly 10 years. Recognized as the Southeast's premiere Live Music Venue the business also offers world class space for Seminars, Training, Product launch, Team building, Holiday parties, Weddings, you name it. Combining the market's most dynamic audio equipment, concert hall acoustics, state-of-the-art lighting, and expandable, multi-tiered cabaret seating, this performance space is unrivaled in the Southeast. The venue is nationally recognized, is exclusive to the region and will continue to successfully thrive for decades to come. The concert hall and nightclub business is owned by four partners, two of which are not directly involved in the business. The two other owners are more involved but have other business interests that keep them from fully running and managing the operations. Bookings and other business functions are covered by a knowledgeable and experienced management staff. Sale price includes the real estate valued at $2,500,000!! The owners reside locally, and would be available to continue in some limited capacity should a new owner desire this. The business employs approximately 20 people. They include Management Staff, Bartenders Waitresses and others. The staff is available to continue employment with transfer of new ownership. Please contact Don Smith at 205-879-7220 for additional information.

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.

Reason for Selling:

Partners have different business interests

Additional Details:

  • The property is owned.
  • 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.
 

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