Entertainment Center: Bar, Nightclub for Sale

Allentown, PA (Lehigh County)

Entertainment Center: Bar, Nightclub for Sale

Asking Price:$900,000

Cash Flow:$336,000

Gross Revenue:$2,300,000

EBITDA:N/A

FF&E:$400,000

Inventory:$50,000*

Lease Rate/Sq. Ft.:N/A

Established:1986

*not included in asking price.

Entertainment Center: Bar, Nightclub for Sale

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Business Description

This business is a multi-dimensional Nightclub and Concert (Maingate Nightclub in Allentown, Pa.) venue with several bars, multiple rooms, and a large outdoor party area with Patio deck. This venue has been the leader in the Mid-Atlantic area’s nightlife and has been running strong for over thirty years. They feature the best entertainment, including live performances and DJs on local, regional, and national levels. Music performances range from pop, Latin, Rock, Country, House, Retro, and Hip-hop to satisfy their diverse Clientele. The décor, multiple dance floors and ambiance contribute to the party atmosphere.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
19
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Multiple rooms and bars make up this nightlife center. Includes outdoor party area, dance floors, DJ and live performance space. Capacity 1,850. This is a nightclub and small concert venue. Known as the Maingate Nightclub in Allentown, Pa. New sound system. New stage.
Reason for Selling:
Retirement

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Charles Umphred

Business Listed By:
Charles Umphred

Franklin Acquisition Advisors

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