NYC Nightclub & Event Space Seeking Experienced Operator
Financial Details
- Asking Price:
- $1,750,000
- Annual Revenue:
- $4,511,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 17.5x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a premier nightclub and event space located in the heart of Manhattan, NYC, seeking an experienced operator to manage its day-to-day operations. The business boasts a strong professional management team with over 15 years of industry experience. It features automated inventory control systems achieving 98% accountability. The owner has invested significantly in building the brand and intellectual property over the last 2.5 years, resulting in a club packed with high-end clientele four nights a week. With a client database exceeding 50,000 and a robust social media presence, the business is well-positioned for continued success. The events sector has seen remarkable growth, increasing by 140% in the past year. The venue itself has a storied 25-year history as a top nightclub and music venue and recently underwent a $4 million renovation by a renowned designer. It has hosted numerous celebrities and sports stars, underscoring its prestige and appeal.
Industry Information
- Industry Description:
- Nightclub and Event Space
- Classification:
- Entertainment & Recreation
Operational Snapshot
- Year Established:
- 2014
- Reason for Selling:
- Owner has other interests
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $48,000 USD
Listing Details
- Listing ID:
- 1a22176c-c07a-4b8d-ae0d-6f91fac18025
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD