Established Richmond Restaurant and Nightclub Venue for Sale
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Financial Details
- Asking Price:
- $150,000
- Annual Revenue:
- $682,664
- Cash Flow / SDE:
- $418,080
- Profit Metric:
- Total Adjusted Net Income
- Valuation Multiple:
- 0.4x
- Location:
- Richmond, US
- Source:
- Date:
- October 17, 2025
Key Highlights
Highly versatile multi-level venue suitable for restaurant, nightclub, or concert hall.
Strong existing revenue stream from ticket sales, bar, and food operations.
Favorable lease terms secured until 2027.
Description
This is a rare opportunity to acquire a versatile, multi-level venue located in Richmond, successfully operating as both a daytime restaurant and a vibrant nighttime nightclub. The business demonstrates immediate profitability with strong monthly revenue derived from ticket sales, a thriving bar scene, and consistent food sales. Established in 2003, the facility spans 16,003 square feet and benefits from a favorable lease agreement extending through July 2027 at $14,000 per month. With an asking price of $150,000, supported by a Gross Revenue of $682,664 and a Total Adjusted Net Income of $418,080, this listing presents an excellent chance to take over an established operation or implement a new vision.
Industry Information
- Industry Description:
- This listing is for an established, multi-level venue operating successfully as both a restaurant and a nightclub, falling under the Entertainment & Recreation industry.
- Classification:
- Entertainment & Recreation
Operational Snapshot
- Year Established:
- 2003
- Employees:
- 0
- Reason for Selling:
- Other business opportunity
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $14,000 USD
- Lease Expiration:
- 2027
Assets & Inventory
- FF&E Value:
- $0 USD
- Includes FF&E:
- No
Broker Contact
- Name:
- Ciro 'Vic' Coppola
- Company:
- First Choice Business Brokers
- Phone:
- (725) 233-3333
Listing Details
- Listing ID:
- 64480437-094e-4667-bf68-4b82ba84cf6e
- Source Listing ID:
- 24110
- Deal Status:
- Sold
- Last Updated:
- October 17, 2025
- Currency:
- USD
Features & Tags
Tags & Categories
Restaurant
Nightclub
Venue
Multi-Use
Leased Real Estate