Rooftop Nightclub
Business Description
Established rooftop nightclub located in Passaic, NJ, featuring the largest rooftop venue in New Jersey with stunning NYC skyline views. This premier entertainment destination has quickly established itself as a profitable operation since opening in 2023.
Business Overview:
This thriving nightclub operates from an 11,000 square foot facility with a strategic location offering unparalleled views of the Manhattan skyline. The venue has successfully built a strong customer base and reputation in the competitive nightlife market.
Financial Performance:
The business demonstrates exceptional financial performance with $2.2 million in annual revenue and matching seller's discretionary earnings, indicating strong operational efficiency and profitability. This represents impressive results for a venue established just over one year ago.
Operational Details:
The operation employs 40 staff members to support its entertainment offerings and customer service. The venue benefits from excellent neighboring businesses that complement the nightlife experience.
Real Estate:
The business operates under a long-term lease agreement at $22,000 per month, providing stability through August 2034. The 11,000 square foot space is optimally configured for nightclub operations with the signature rooftop feature being the primary draw.
Assets:
Fixtures, furniture, and equipment valued at $2.5 million support the venue's operations, including specialized nightclub infrastructure, sound systems, lighting, and rooftop amenities necessary for premium entertainment experiences.
Location Advantages:
Situated in Passaic County with convenient access to the greater New York metropolitan area, the venue attracts customers seeking unique entertainment experiences with spectacular city views.
This turnkey nightclub operation represents an exceptional opportunity to acquire a profitable, established entertainment venue with unique positioning in the New Jersey market.
Business Overview:
This thriving nightclub operates from an 11,000 square foot facility with a strategic location offering unparalleled views of the Manhattan skyline. The venue has successfully built a strong customer base and reputation in the competitive nightlife market.
Financial Performance:
The business demonstrates exceptional financial performance with $2.2 million in annual revenue and matching seller's discretionary earnings, indicating strong operational efficiency and profitability. This represents impressive results for a venue established just over one year ago.
Operational Details:
The operation employs 40 staff members to support its entertainment offerings and customer service. The venue benefits from excellent neighboring businesses that complement the nightlife experience.
Real Estate:
The business operates under a long-term lease agreement at $22,000 per month, providing stability through August 2034. The 11,000 square foot space is optimally configured for nightclub operations with the signature rooftop feature being the primary draw.
Assets:
Fixtures, furniture, and equipment valued at $2.5 million support the venue's operations, including specialized nightclub infrastructure, sound systems, lighting, and rooftop amenities necessary for premium entertainment experiences.
Location Advantages:
Situated in Passaic County with convenient access to the greater New York metropolitan area, the venue attracts customers seeking unique entertainment experiences with spectacular city views.
This turnkey nightclub operation represents an exceptional opportunity to acquire a profitable, established entertainment venue with unique positioning in the New Jersey market.
About the Business
- Years in Operation
- 2
- Employees
- 40
- Facilities & Assets
- 15,000+ square feet. Two entry's to rooftop - 1. Outside steps. 2. Inside steps. First floor has a fully equipped bar with a front door that can fully open and two bathrooms. The basement is two sections, 8000+ sf alone. Second floor has a 12 foot LED TV with a fully functional bar and 2 bathrooms. The rooftop has a fully functional bar, hookah bar, DJ booth, a cabana section which can be fully open or zipped up, and two bathrooms. The shades all around fully open and close and the louvers open and close like blinds.
- Market Outlook / Competition
- With a 3 story building like this and an 7,000+sf rooftop there is no venue like it in the area. It's extremely unique and you can utilize 3 floors to throw different type of events, parties, etc.
- Opportunities for Growth
- The room for growth is definitely there. Having three different floors there's a lot of room for hiring different types of people to run certain events, parties, etc.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 11,000
- Rent
- $22,000.00 per month
- Lease Expiration
- 8/3/2034
About the Sale
- Seller Motivation
- We built the venue with the intent on flipping it and moving on to a different v
- Transition Support
- Any type of training from ownership/management help to courses to teach people how to properly serve, bartend, use the kitchen and make hookah.
Listing Info
- ID
- 2385888
- Listing Views
- 489
Listing ID: 2385888 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. See our full Terms of Use. Learn how to avoid scams.
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