7000 Sq Ft Center City Sports Bar and Nightclub for Sale

Listing Number: 45783-401914

Description

This Philadelphia Sports Bar/Nightclub has a 7,000 square foot main floor with a 4,000 square foot basement.
The original owner spent almost $2,000,000 on build out and FF&E. The current owner bought the business in 2017 and has renovated much of the space including replacing the floors, upgrading the two enormous bars with 27 televisions (and a high definition projector), purchased all new bar stools, new lounge sofas and chairs and also added onto the fantastic sound system, that has a DJ booth and computer controlled lighting system.
The business has a healthy early evening eating/drinking crowd and later in the evening turns into a club with DJ music, dancing, bottle service and a VIP area.
There is a cover charge on certain evenings to enter the club.
The owner doesn't feel like he can take the club to the next level given his other business obligations.

Listing Details

  • Price: $750,000
  • Down Payment: $550,000
  • Sellers Discretionary Earnings: $0
  • Total Sales: $1,200,000
  • Location: Philadelphia County, Pennsylvania

  • Inventory: $0
  • FF&E: $1,500,000
  • Employees:
  • Reason for Selling: Other Business Ventures
  • Category: Liquor Related Biz
7000 Sq Ft Center City Sports Bar and Nightclub for Sale

Business Listed By:

Richard Collins