Profitable Upscale Niteclub in Cleveland, OH

This is a profitable, upscale niteclub and entertainment venue located in Cleveland's premier entertainment district, boasting a prime location with consistent patronage and a high-profile clientele including professional athletes. The business has demonstrated steady growth for over 14 years, achieving annual revenues between $1.8M and $2.1M, with Seller's Discretionary Income (SDE) ranging from $720k to over $1M. It features a stylish ambiance, versatile space for various events, and a loyal customer base supported by a strong social media presence. A unique competitive advantage is its approval by major sports leagues like the NBA and NFL, enhancing its marketing appeal and client base. The property is leased, and the owner is willing to provide training and assistance to the new owner. This represents a significant opportunity to acquire a well-established and thriving nightlife destination.