Night Club & Live Performance Venue

| Asking Price: | $650,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $2,238,108 | Real Estate: | $2,500,000 ** |
| Cash Flow: | $198,815 | FF&E: | $250,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
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.
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.
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.
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.
About the Business
Year Established:2001
Employees:8 full time - 12 part time
Facilities:30,000 sq. ft. building; available for lease or purchase
About the Sale
Management Training and Support:Seller will provide training
Reason For Selling:Partnership Dispute
Seller Financing:Seller will negotiate financing
KEYWORDS: bar, liquor, entertain, performance, venue, recreation, night club, service, real estate
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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