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Business for Sale Summary

Concert Venue/Bar/Club/Restaurant - 22488

Business Type: entertainment,other eating & drinking places,restaurant/ cafes,misc. retail/non-classifiable,bar/tavern/night clubs
Concert Venue/Bar/Club/Restaurant
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Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $300,000
Gross Revenues $840,000 Lease Remaining Register Free to View
Owner’s Cash Flow $230,000 Number of FT Employees Register Free to View


$300,000 Down and $150,000 over 2 years @ 5%

Business Description

Re-branded as Long Island's premier mid size concert venue Full calendar (250) of national acts and concerts focusing on ages 21-45. 4-5 events per week. Huge stage, green room with many large flat screens over large bar and outdoor lounge. State of the art sound and lighting systems. Full kitchen serving high profit menu. Managing partners-promoters have 20 years music business experience and have run some of LI's most successful concert venues. 5 partners(3 absentee) Revenue projected to grow to $2m with large scale radio and advertising promotions. Contact broker Joseph Stansky for more information.Proof of Funds and some relevant experience is required. Please call 1-877-735-5224 for further information.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.