Hot Listing

Live Music & Entertainment Venue – Event Space

Asking Price$649,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$650,000

InventoryNot Disclosed

FF&E$250,000
Included in asking price
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Hot Listing

Live Music & Entertainment Venue – Event Space


Asking Price$649,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$650,000

InventoryNot Disclosed

FF&E$250,000
Included in asking price

Seller Financing Available
Business Description
Here is your chance to own one of New Jersey’s leading entertainment venues. The venue located in affluent Bergen County is known for its diverse lineup of national and local bands, large stage, and a state-of-the-art sound and lighting system. The venue also has a large bar and full kitchen that can be expanded for additional revenue opportunities.

The concept, design and floor plan also provide the perfect setting for private parties for up to almost 300 guests: including birthday parties, fundraisers, showers, weddings, etc. The venue is absolutely turn-key as a fully functional music venue or can be converted to an event space, restaurant, sports bar, or any other concept that requires a large space.

The business has a long-term lease in place and the landlord will extend it to a credit worthy buyer. The sale will include a valuable NJ liquor license in good standing, all sound and lighting equipment, bar and kitchen equipment, etc. The lease is NNN and the rent is below market at just under $6k per month. A smart and ambitious operator can expand the concept and take the business to a whole new level.

Reach out today for more information. Don’t miss this once-in-a-lifetime opportunity and achieve your dreams! When you reach out, please tell us a little bit about yourself and why you are interested. Thank you!
About the Business
Years in Operation
22
Facilities & Assets
4200 sq foot building. Legal capacity is 290. Can also do fully seated shows (100-150 capacity) or theater style seating (175 seats). High end sound system and lighting system included. Upgrades in the past few years: New doors, new flooring, new roof, new kitchen equipment, new bar equipment. Everything is included except personal items. Valuable NJ Liquor license in good standing.
Market Outlook / Competition
Limited competition for this concept in Bergen County.
Opportunities for Growth
Promote and book more private events/parties and expand the kitchen to feature more high end food could help the business expand immediately. Currently booking 1-3 shows per week. Could expand to 4-5 shows per week.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,200
Rent
$6,000.00 per month
Lease Expiration
6/1/2032
About the Sale
Seller Motivation
Retirement
Transition Support
Will provide as much support as needed. Also willing to continue to help with booking shows if buyer was interested.
Financing Options
Willing to be creative with a passionate and credit worthy buyer
Listing Info
ID
2334027
Listing Views
2169

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Listing ID: 2334027 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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