Business Overview:
Well established Comedy Club with Full Bar and Food Service for dinner shows. In operation going on 8 years. Present owner has family issues.
Owners has invested about $200,000 in equipment , Kitchen and Preparation area, Electronics for Stage Projection Equipment and Lighting & Big Screen TV's systems for Sporting Events, several upgrades to the building.
The Comedy Club for over 8+ years has been booking top acts from around the county, from Comedy Center and other major comedian circuit. Comedians make anywhere for $600 on up for show, depending on the comedian.
Gross Sales on this business:
(Bar runs about $25,000 to $35,000 monthly)
(Comedy Club runs average $10,000 to $20,000 monthly, depending on the Comedians)
Building is approximately about 8,000 sq. ft. Very LOW RENT of $8,500 monthly.
Business has full entertainment License.
Employees: Friday Saturday & Sundays,
1 security person, 6-8 table severs and Kitchen help, one projection (audio/video) person, two Bar tenders.
Employees average 4 hours per evening at $8.00 per hour rate + tips.
Business comes with two ABC Licenses Type 47 & 58.
Bar is open 7 days a week at 6:00 PM and Comedy Club is open Friday, Saturday & Sundays & Special events.
Licensed Seating in the Comedy Club is about is 280,
Dance night, standing room, licensed for 332.
Customers pay the going ticket price per person. Minimum $15.00 on up, depending on Comedian.
Customer order off the food menu, items range from $7.00 on up. Several assortment of Salads, Snacks,
Chicken Wings,Fish & Chips,Calamari & Fries, Grilled Chicken Sandwiches, Philly Cheese Steaks, Burgers. Desserts Menu.
Room to increase business volume:
Business can be rented for Private Parties & Wedding, Birthdays, Luncheon for large groups,etc.
Special events like close circuit Boxing Match's with Big Screen Projection System,draws big crowns.
Most the Fixtures and Equipment list is owned by the landlord comes with the lease. Seller will provide a complete list of items being sold with the business, personal items included with purchase of the business.
Landlord would grant a long lease for credit worthy buyer.
Building can be purchased for $725,000 + business package deal.... $875,000 + Inventory.
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:
Building is approximately about 8,000 sq. ft. Very LOW RENT of $8,000 monthly. Licensed Seating in the Comedy Club is about is 280, Dance night, standing room, licensed for 332.
Fixtures and Equipment list is large, all asset accept personal items included with purchase, all equipment is owned outright by the seller, only a couple items that on rent/lease.
Business has full entertainment License. Business comes with two ABC Licenses Type 47 & 58.
Bar is open 7 days a week at 6:00 PM and Comedy Club is open Friday, Saturday & Sundays & Special events.
Market Competition and Expansion:
Room to increase business volume:
Business can be rented for Private Parties & Wedding, Birthdays, Luncheon for large groups, etc.
Special events like close circuit Boxing Match's with Big Screen Projection System, draws big crowds.
Reason for Selling:
Family issues
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 a franchise resale opportunity.
Resources: