New York Style Nightclub For Sale in Philadelphia

New York, NY
New York County


Asking Price: Annual Revenue:
$1,500,000 $2,000,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: New York Style Nightclub For Sale in Philadelphia Broker: David Hoffman

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $1,500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 80
BBN Listing #: 51127951
Broker Reference #: Not Disclosed

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Business Overview:

This nightclub is located in Philadelphia. It has three main MONEY GENERATING entities, which all bring in LARGE amounts of revenue. There is a MINIMUM $20/person charge to enter the establishment. The inside features lounges and a main nightclub area with a large dance floor, stage, state of the art lighting and sound, DJ Booth, and charged private party seating. The outdoor deck rivals any outdoor deck to be found at any nightclub, ANYWHERE. The deck can serve 2,000 guests. The main room can accommodate 1,000 guests, with another 300 in the lounges. The deck features a Tropical theme, with a working waterfall. Additionally, the establishment has a smoking license. Ownership, however does not allow cigarette or cigar smoking. Instead, guests are encouraged to utilize the venue wide charged Hooka service; a big social interactive hit.

The nightclub attracts affluent guests, as well as colleges, private organizations, and celebrities from the world of sports and entertainment, both local and national/international.

This business is a GOLD MINE! It could be a crown jewel, NETTING $1.5 MILLION ANNUALLY. Principals only should reply.

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Property Features and Assets:

40,000 +/- square feet nightclub/deck with state of the art lighting, sound, POS, and new Kitchen Equipment, on a major city thorofare, with nearby venues which attract massive numbers of people to the immediate area.

Market Competition and Expansion:

No competition. This is a one-of-a-kind venue. Revenue splits indicate an opportunity to increase food sales (10%) for operators so inclined.

Reason for Selling:

Reinvest in passive investments for more family ti

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.

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