 | Gentleman's Nightclub For Sale Stoke on Trent, Staffordshire, United Kingdom Advert ref: C1123 FINANCIAL DETAILS | Asking price: £795,000 Sales revenue: £350,000 Net profit: £104,000 Fixtures value: £25,000 Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to bring to market this well established and popular gentlemen's night club.
Located within the area's popular leisure circuit, the club has a full entertainment licence with a capacity of 220. Spread across 2 floors, the club offers a reception area, bars, dance floor, lap dancing area and VIP lounge. Smokers are catered for whilst remaining within the premises. An excellent website is also included in the sale.
Currently run under management there are up to 10 full and part time staff working at peak times. Security is provided by an outside company and dancers are self employed. The freehold premises are excellently presented and highly visible. Located between the local casino, other nightclubs and hotels, this visibility helps to capitlaise on passing trade.
Turnover ranges between £350k - £400k over the past 4 years.
Gross profit for 2008 is £275k.
This opportunity would suit a hands on owner or it can continue to be run under management providing a lucrative investment for a new owner.
Please ask for full sales details.
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GENERAL INFORMATION | Years established: 7
Employees: 10
Trading hours: Mon-Thurs, 9pm-2am; Fri-Sat, 7pm-4am
Property: Freehold
Location
A highly visible building located in the heart of the district's leisure circuit.
Expansion potential
The current licence allows for opening from 11am to 4am, seven days a week. Currently, opening hours are far below this capacity.
Competition / Market
Local competition comes from casino's, other night clubs and hotels. This business, however, provides a dedicated gentleman's entertainment service which the others do not.
Support & training
A full handover can be arranged.
Financing available
The Business Partnership work closely with a number of financial companies who specialise in business purchases. Please aks if you would like to be put in contact with them.
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The Business Partnership - Manchester, Cheshire, Staffordshire and Shropshire | | | |
