Upscale Nightclub for Sale in Cleveland, OH

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Financial Details

Asking Price:
$2,750,000
Annual Revenue:
$1,870,166
Cash Flow / SDE:
$720,119
Profit Metric:
Cash Flow
Valuation Multiple:
3.8x
Location:
OH, US
Source:
Date:
September 17, 2025

Key Highlights

Profitable upscale nightclub in a prime Cleveland entertainment district.
Strong annual revenue and cash flow with a loyal clientele and established reputation.
Unique advantage with approvals from major sports leagues (NBA, NFL) attracting high-profile customers.

Description

This is a profitable, upscale nightclub and entertainment venue located in Cleveland's prime entertainment district. Established in 2010, the business boasts a stylish ambiance, versatile space for various events, and a loyal customer base, including professional athletes. It generates significant annual revenue and cash flow, supported by effective marketing and a strong social media presence. The venue features an outdoor patio and live entertainment, and holds unique approvals from major sports leagues like the NBA and NFL, attracting a high-profile clientele. The property is leased with a long-term expiration and reasonable monthly rent. This is a turnkey opportunity for an owner looking to enter the vibrant nightlife industry.

Industry Information

Industry Description:
Bars, Clubs, Nightspots
Classification:
Entertainment & Recreation

Operational Snapshot

Year Established:
2010
Employees:
33
Reason for Selling:
Other Ventures

Real Estate & Lease

Status:
Leased
Monthly Rent:
$8,400 USD
Lease Expiration:
2034

Assets & Inventory

FF&E Value:
$125,000 USD
Includes FF&E:
Yes

Broker Contact

Name:
Gary Sardon
Company:
Transworld Business Advisors of Cleveland-Metro / Akron / Canton
Email:
[email protected]
Phone:
440-634-0747

Listing Details

Listing ID:
b559f93a-7215-4491-b625-c201d8eb8e19
Source Listing ID:
990442
Deal Status:
For Sale
Last Updated:
September 17, 2025
Currency:
USD

Features & Tags

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