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  • RE:  Dynamic Nightclub In The Heart Of Portland
  • Contact:  Jason Blair
Owner Financing is Available!
Owner Terms:$450,000.00 Interest:10% Term Months:120 Monthly Payment:$5,946.78

Quick Facts

Asking Price: $700,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $650,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 8
BBN Listing #: 947981
Broker Reference #: 59071-577683

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Business Overview:

Nestled in the heart of Portland, Oregon, this premier nightclub epitomizes the vibrant nightlife scene. With a capacity to host up to 700 patrons, the venue offers an expansive and adaptable space perfect for a variety of events, from high-energy dance nights to exclusive private parties and corporate gatherings. The nightclub's prime location ensures easy accessibility and high visibility.
Equipped with top-of-the-line sound systems and state-of-the-art lighting, the nightclub provides an immersive sensory experience. The sound equipment delivers crystal-clear audio, enhancing live performances and DJ sets, while the cutting-edge lighting system creates mesmerizing visual displays that transform the space according to the mood and theme of each event.
The interior of the nightclub is designed with versatility in mind. The spacious dance floor, comfortable seating areas, and VIP sections can be easily reconfigured to accommodate events of different sizes and styles. Whether it's a concert, an intimate cocktail reception, or a themed night, the venue's layout can be adjusted to provide the perfect setting. This flexibility, combined with its prime location and exceptional audiovisual capabilities, makes the nightclub a sought-after destination for entertainment and social gatherings in Portland.

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Property Features and Assets:

Monthly Rent: $23,500.00

Square Units (Foot, Meter): 8,000

Lease Expiration Date: June 3, 2030, 12:00:00 AM

Terms Options: Base Rent plus NNN


Facilities: Contact Agent

Market Competition and Expansion:

Competition: The nightclub industry in Oregon is a vibrant and competitive landscape, particularly concentrated in urban centers like Portland, Eugene, and Bend. These cities are known for their diverse cultural scenes, which include a thriving nightlife sector that caters to a variety of tastes and preferences. Oregon's nightclubs range from large, high-capacity venues featuring top-tier DJs and live performances to more intimate, niche spots offering unique themes and atmospheres.

Expansion: The nightclub has significant potential for growth by exploring untapped markets, such as targeting diverse demographics and increasing tourism collaborations. Enhancing marketing strategies through a robust digital presence and loyalty programs can boost visibility and customer retention. Expanding event offerings with daytime events and themed nights can attract varied audiences, while technological innovations and VIP experiences can enhance customer satisfaction. Geographic expansion, including additional locations and mobile pop-ups, can increase market reach. Strengthening community engagement through local collaborations and sustainability initiatives can improve reputation and appeal. Diversifying revenue streams with merchandise sales and innovative food and beverage options can further increase profitability and secure long-term success in Oregon's competitive nightlife industry.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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