Profitable Nightclub with Strong Cash Flow
$399,900
Seller financing available
The seller is open to letting you pay part of the price over time.
Real estate included
The property comes with the business.
Training included
The seller will help you get up to speed after closing.
About this business
Unique live entertainment venue in Virginia Beach specializing in Jazz, Blues, and R&B, featuring a full bar and menu. With a capacity of over 200 and both indoor and outdoor seating, this profitable business boasts strong cash flow and expansion potential. Ideal for an entrepreneur passionate about music and entertainment.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$399,900
- Annual Revenue$1,327,612
- SDE$204,210
- 2.0×
- Price to SDE
- 0.3×
- Price to revenue
- 15%
- SDE margin
- Approx. Inventory Value
- $2,500
- Approximate FF&E
- $80,000
Details
- 2021
- Established · 5 yrs
- 12
- Employees
- Nightclub
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- Yes
- Training after the sale
- Included
- Cost
- Free
Property & lease
- Premises
- Leased
- Rent
- $14,217
- Lease Expiration
- Oct 31, 2026
Where it is · Virginia Beach, Virginia
Somewhere in Virginia Beach, Virginia. The exact address is not on this listing.
Ad#:749
The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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