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Phillys #1 Night Club for Sale

Old City, Pennsylvania (Philadelphia County)

Retail - Bars/Taverns | Retail - Restaurants

Asking Price $875,000 Inventory $15,000** 
Gross Income $1,500,000 Real Estate  
Cash Flow Not Disclosed Year Established 2003
FF&E $150,000* Employees 25

* included in the asking price

** not included in the asking price

If you are interested in owning one of Phillys top night clubs this is the place for you. In the heart of Olde City,Philadelphia you will find a CLUB like NO OTHER. With a Capacity of over 1200 people, and offers an enticing mix of music and over three floors of bars and dance floors. The ground floor is home to a Sports bar with a Pub atmosphere and a martini lounge. Enjoy our array of beers on tap while catching the game on one of our 12' x 8' Big Screen television or sip on one of the Signature martinis. The club is only open 3 nights per week. The price includes the liq. lics and club permit.

Facilities: 15,000 sq. ft over 3 floors. There is also a 4th floor that can be converted into more private space or a roof top deck. There are multiple bars each with their own theme. The lease has 6 more years on the main term and then multiple options.

Competition: There is plenty of upside for this club. A new owner could expand the food, add the 4th floor and even open more nights.

Financing: Seller may provide up to 30% financing

Support/Training: Seller will stay to provide a smooth transition

Reason Selling: Seller would like to spend more time with family

Business listed by

Jack Benoff

215-321-6855


Solara Restaurant Ventures


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