Sep 27, 2017 — Business Description:
The Hottest Nightclub Space In New York City!
Nightclub caters to a high-end clientele with its nightlife program and regularly includes celebrities and sports stars from the Jets, Giants, Knicks and Nets.
Regularly featured in Page 6, New York Times, OK Magazine and many others.
Owner spent the last 2 1/2 years building out the brand of the business and intellectual property and the club is packed with high-end clientele 4 nights per week.
Business has a database of over 50,000 clients and has a very established social media base.
Further, the events business has grown this past year by 140% and continues to be on a very positive trajectory.
Business has a very strong professional management team in place with an average of 15+ years of experience in the nightclub business.
Automated Inventory control systems that owner recently implemented shows accountability at an average of 98% in terms of inventory controls.
Competition is limited based on barriers to entry, including the fact that it is almost impossible to find spaces in NYC that even allow a nightclub business.
Further, this business has a grandfathered Cabaret License, Liquor License, 4AM approval for 7 nights/week and approval for brunch hours on Sat/Sun.
Owner spared no expense with buildout and overall design of the space including sophisticated sound and lighting systems.
The location of this nightclub and event space has a legendary history as a top nightclub/music venue for the past 25 years.
The owner recently completed a top to bottom $4,000,000 dollar makeover of the space by a critically acclaimed designer.
Celebrities and sports stars that have appeared at the club just over the past few months include Rihanna, Heidi Klum, Victor Cruz, Drake, Odell Beckham Jr, Usain Bolt, Ronaldinho, George St. Pierre and many others.
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