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