Licensed event BK venue - Concert Hall / Dance Club - 400+ capacity !

Brooklyn, NY (Kings County)

Licensed event BK venue  - Concert Hall / Dance Club - 400+ capacity !
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Asking Price: $750,000

Cash Flow: $250,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $150,000

Inventory: $5,000*

Rent: $14,000 per Month

Established: 2008

*not included in asking price.

Licensed event BK venue - Concert Hall / Dance Club - 400+ capacity !

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Business Description

beautiful, built out nightclub and event space with city view

fully equipped event venue with multiple soundsystems, full HVAC, elevator, many bathrooms, multiple rooms and areas, and more + WINDOWS AND SUNLIGHT

Detailed Information

Location:
Brooklyn, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
12/31/2036
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Amazing location -- less than 100 feet from the subway and major shopping. Full on-premises liquor license. A-rating with Department of Health. Valid occupancy permits. Dual boutique sound-systems for live and electronic music. Pre/post-Covid capacity over 400+ people !
Financing:
cash sale only, thx!
Reason for Selling:
operator seeks to leave nightlife industry

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