DESCRIPTION: Successful and popular nightclub and lounge located in Portland, Maine’s popular Old Port entertainment district. The venue offers a variety of musical formats throughout the week with multiple bars, large dance floor and up to date sound and light system.
MARKET & GROWTH: The venue has a large loyal clientele, appeals to a wide demographic and has enjoyed a strong position in a very competitive market. The Old Port is one of New England’s top nightlife entertainment districts and draws thousands of people every weekend. The venue can expand its hours, add additional promotions and theme nights and target a young audience with an all-ages chem-free night. A more extensive social networking marketing effort could be used to grow the business. The concept can be duplicated in other Maine markets.
FACILITIES: The 4000 sq’+ facility has a capacity over 250, is fully sprinkled and located in the desirable Old Port district. There are several bars, large dance floor and a modern sound and light show and the facility is kept cleaned and well-maintained.
PRICE OF BUSINESS: $200,000
SELLER FINANCING: $100,00
DOWN PAYMENT: $100,000
WORKING CAPITAL NEEDED: $25,000
We're sorry, this listing has been canceled.
Here are some similar listings that are still active:
Ultra Lounge & Restaurant with Prime location situated in a popular Square in the City of Cambridge. The Business has Full Liquor and Entertainment licenses along with all of the other activity generators an Operator needs. This location is in the heart of the action and the space is ideal for most any concept. The Seller is also willing to entertain...Upscale Restaurant & Lounge - Boston
Upscale Restaurant, Bar and Lounge in downtown Boston. This stylish site has high revenue and growing profitability in a location with room for growth. The business has a very desirable address and built in clientele. With as Cash Flow north of $400,000 this is turn-key and a rare Boston opportunity! PARKING: On street and public and private...Popular Dance Venue & Lounge
Turn key happening dance venue and lounge for the younger crowd. Great margins and profitability.
Or browse listings in the following categories: