Description
The business was founded in September 2019 by the current owner who is now looking to pursue other business interests. The business is a new nightclub and private dining venue in the affluent borough of Kensington and Chelsea.
The business hosts a wide range of events for its clientele and boasts luxurious décor with impressive entertainment and a fine-dining experience. The business can cater for up to 220 guests and can be booked for corporate gatherings, birthdays, Christmas parties, meetings, Celebrities, filming, private dining and many more.
The premise is split into two areas, the lounge and the club which have a combined square footage of 2,500. Both areas feature a private bar, seated booths, dinner tables, DJ setup, audio visual equipment, adaptive lighting and private smoking area.
Following its purchase, the owner spent a considerable sum (£360k) on refurbishing it to a high standard and a further £200k on marketing and advertising.
The business generated revenue of £1.2m in 7 months to Dec 2022.
Please get in touch with Transworld Business Advisors on 0203 911 1059 to find out more...
Listing Details
- Listing Number: 66661-430376
- Location: Greater London, England
- Price: 350,000
- Down Payment: 350,000
- Sellers Discretionary Earnings: 0
- Category: Leisure Pubs & Hotels
- Inventory: 0
- FF&E: 0
- Employees: 1
- Years Owned: 2
- Reason for Selling: Pursue Other Business Opportunities
