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- RE: Turnkey Upscale Nightclub In West Palm Beach
- Contact: Joshua Sagman
Quick Facts
| Asking Price: | $749,000 | |
| Annual Revenue: | $2,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $215,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 30 | |
| BBN Listing #: | 1016119 | |
| Broker Reference #: | BBF-1282-00128 |
Business Overview:
An exceptional opportunity to acquire an upscale bar, lounge, and nightclub in a prime West Palm Beach location within South Florida's thriving nightlife market. The venue offers a sophisticated atmosphere and versatile entertainment space designed to accommodate a variety of nightlife experiences, social gatherings, and private events.
Offered at $950,000, the business reports $3,000,000 in total annual sales and $600,000 in Seller's Discretionary Earnings (SDE). This turnkey acquisition includes existing infrastructure, operational systems, and access to a liquor license available for rent at $1,850 per month, along with a desirable late-night operating license. The transaction also includes 50% of liquor license rental income for 12 months following closing, plus an additional $150,000, subject to confirmation of the transaction terms.
The venue offers significant growth potential through expanded entertainment, private events, VIP experiences, strategic partnerships, and enhanced marketing initiatives. Three months of marketing support are included with the acquisition to assist with the ownership transition and continued business development.
With its desirable location, upscale concept, reported financial performance, and expansion opportunities, this venue presents an attractive investment opportunity within the South Florida hospitality market. Additional information is available to qualified buyers upon execution of a confidentiality agreement.
Contact the Seller:
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Property Features and Assets:
The business operates from a fully built-out, turnkey hospitality venue in a prime West Palm Beach location, featuring established bar, lounge, and nightlife infrastructure designed to support high-volume operations. Key assets include approximately $50,000 in FF&E, $30,000 in leasehold improvements, $20,000 in inventory, a valuable liquor license estimated at approximately $300,000, and a late-night operating license.
Market Competition and Expansion:
The business operates within a highly active and diverse West Palm Beach nightlife market, where customers can choose among traditional nightclubs, rooftop venues, cocktail lounges, live-music concepts, restaurants, and late-night bars. The venue differentiates itself through its semi-private, upscale positioning, two-bar format, craft beverage program, and alternative to the louder, more crowded nightlife experience found elsewhere downtown. Downtown West Palm Beach remains a popular entertainment destination, creating meaningful competition while also attracting a diverse audience seeking dining, cocktails, music, and nightlife.
Reason for Selling:
Other Business Opportunities. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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