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#Business ID: 17646

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Long Established City Centre Nightclub With Large Potential

Business Location: Edinburgh, Scotland

Asking Price: BUSINESS SOLD Revenue: not disclosed Cash Flow: not disclosed

Business Summary

This well established city centre nightclub has been trading since the 1960s. The present owner of the business has been sucessfully running the nightclub since 1995. The club has seen many changes but has always been popular with a great reputation. The present owner now wishes to retire and feels that a new owner could move the club forward.

The city centre nightclub has an excellent location in the heart of the vibrant nightlife, with many local bars and restaurants in the area. The club offers different themes each night, which draw in various crowds. The location is always busy, with the many students and tourists in and around the city. It also a very popular venue for locals.

The capacity of the nightclub is 350. The business is not currently tied to any brewery, giving the owner more opportunity to negotiate and achieve higher profits. Although the venue is in good condition, there is some upgrading neededand the landlord is happy to negotiate with a new owner on this. The premises have a full sound system, lighting/smoke system, DJ equipment, bar fridges and washers. There is a full drinks licence in place and the venue regularly gets a 3am extension.

Property Details

Property Type:

Lease

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