Price Drop – Quick sale of Private Hire Nightclub In Prime Central London

  • Price: £350,000
  • Annual Net Profit: £282,950
  • Annual Turnover: £533,279
London, England
Seller Ref:66661-430376
For Sale

Price Drop – Quick sale of Private Hire Nightclub In Prime Central London

London, England
Seller Ref:66661-430376
  • Price: £350,000
  • Annual Net Profit: £282,950
  • Annual Turnover: £533,279

Overview

Seller Ref: 66661-430376

Description

The business was founded in September 2019 by the current owner who is now looking to pursue other business interests. The business is a new nightclub and private dining venue in the affluent borough of Kensington and Chelsea.

The business hosts a wide range of events for its clientele and boasts luxurious décor with impressive entertainment and a fine-dining experience. The business can cater for up to 220 guests and can be booked for corporate gatherings, birthdays, Christmas parties, meetings, Celebrities, filming, private dining and many more.

The premise is split into two areas, the lounge and the club which have a combined square footage of 2,500. Both areas feature a private bar, seated booths, dinner tables, DJ setup, audio visual equipment, adaptive lighting and private smoking area.

Following its purchase, the owner spent a considerable sum (£360k) on refurbishing it to a high standard and a further £200k on marketing and advertising.
The business generated revenue of £1.2m in 7 months to Dec 2022.

Please get in touch with Transworld Business Advisors on 0203 911 1059 to find out more.

Number of Employees:
1
Support and Training:
26
Is this business relocatable:
No
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry