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Businesses For Sale > Business For Sale in Birmingham, Alabama (AL)

Night Club & Live Performance Venue for sale in Birmingham, AL

Birmingham, Alabama (AL)

Asking Price: Gross: Cash Flow:
$ 650,000 $ 2,238,108 $ 198,815

Furniture and Fixtures Value:
$ 250,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Real Estate:
$ 2,500,000 (not included in the asking price)

Business Summary:
One of a kind multi-functional entertainment complex. Beautiful full service bar incredible live music theater with state of the art sound and acoustics. 5000 square foot event space/music hall and adjacent creative office environment. This unique location has been the talk of the town for nearly 10 years. Recognized as the Southeast's premiere Live Music Venue the business also offers world class space for Seminars, Training, Product launch, Team building, Holiday parties, Weddings, you name it. Combining the market's most dynamic audio equipment, concert hall acoustics, state-of-the-art lighting, and expandable, multi-tiered cabaret seating, this performance space is unrivaled in the Southeast. The venue is nationally recognized, is exclusive to the region and will continue to successfully thrive for decades to come. The concert hall and nightclub business is owned by four partners, two of which are not directly involved in the business. The two other owners are more involved but have other business interests that keep them from fully running and managing the operations. Bookings and other business functions are covered by a knowledgeable and experienced management staff. The owners reside locally, and would be available to continue in some limited capacity should a new owner desire this. The business employs approximately 20 people. They include Management Staff, Bartenders Waitresses and others. The staff is available to continue employment with transfer of new ownership. Please contact Don Smith at 205-879-7220 for additional information.

 

   
Year Business was Established: 2001
   
Number of Employees: 8 Full/12 Part  
   
Facilities / Terms of Lease: 30,000 sq. ft. building; available for lease or purchase  
   
Owner willing to finance: Seller will negotiate financing  
   
Owner willing to train: Seller will provide training  
   
Reason for selling: Partnership Disputes  
   
Seller Reference Number: N509-DS
BusinessMart.com Listing Number: 68383
 

 

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For more info contact:

Don Smith

Sunbelt Business Advisors
205-879-7220

CONTACT SELLER

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