Sold
Very Profitable Downtown Pittsburgh Nightclub
This nightclub is in a prime downtown location and has a very niche and devoted client base from all over the city. With unique events, low overhead, and high consistent profit, this business has little competition in the area. Seller financing may be possible for well-qualified buyers.
The Numbers
Asking Price: $1,000,000
-Includes City of Pittsburgh License valued at $90,000
Gross Revenue: $750,000
Cash Flow: $300,000
Square Footage: 2,000
# of Seats: 70
Listing Features
Potential for Seller Financing
FF&E: All Included
Real Estate: Leased
-2,200/mo.
Year Established: 2007
Support/ Training from Sellers: Yes
Reason for Selling: Retiring
Listed By: Micah Grubbs
Background information
Reference:
22-015
Year established:
2007
Reason selling:
Retirement
Finance
Sales:
$750,000
Profits:
$300,000
Operations
Equipment:
N/A
Premises
Rent and lease terms:
$2,200 per Month
Location:
Pittsburgh, PA
Price and terms
Price:
$950,000
Training:
Yes