Dynamic Nightclub in the Heart of Portland

Multnomah County, OR

Seller Financing Available

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Asking Price:$700,000
Rent:$23,500
Established Year:2013
Inventory:$10,000
FF&E:$650,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
03/06/2030
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Base Rent plus NNN Facilities: Contact Agent
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.
Growth & 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.
Financing
Owner Terms:$450,000.00 Interest:10% Term Months:120 Monthly Payment:$5,946.78
Support & Training
# of Weeks Seller Will Offer Training: 5
Reason for Selling
Retiring
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Jason
Blair
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Jason Blair