Upscale Nightclub for Sale in Cleveland, OH
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
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