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XL Nightclub Hindley Street - Lease - SOLD

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People often write that something is unique but this opportunity is truly unique. This is a major Adelaide nightclub located in the heart of the city’s most popular nightime location, Hindley Street. 

 

The club has been operating ten very successful years but enjoyed a new fitout and upgrade only two years ago. It is spread over 3 different levels with 5 separate bars. It incorporates a very popular VIP section with private booth and bottle service. There is a substantial dance floor and state-of-the-art sound system pumping music to all corners of the club. It is licenced for a 700 patrons.  


The club currently turns well over $1.5 million dollars annually FROM ONLY ONE NIGHT TRADE PER WEEK.   The club is licenced to open 7 days until 6am but the current owners personal  and family preferences have been to only open one night. The club enjoys typical huge nightclub liquor margins. There is also substantial income from the door cover charge of $15 as there is a minimal VIP or free list. Most patrons pay and the club is usually full.

 

There is an incredibly loyal existing staff.  It comprises the owners, two brothers, 2 casual office ladies to do all the necessary backroom work plus 18 casual floor staff who do fantastic work with a smile on their faces. There is a huge opportunity for a new owner to rebrand the existing premises for a small outlay. As stated earlier, the club was upgraded only two years ago so a rebranding exercise would be relatively inexpensive and give you the opportunity to advertise and extend the existing trading hours.

 

This is a MAJOR BUSINESS OPPORTUNITY in the main entertainment hub of Adelaide.  You have complete control and flexibility to open as many nights as you are prepared to work. The business trades generally only one night p/w, so you have the potential to double turn over with only one extra night. Due to a new business venture and family residing overseas, relocation forces the Vendor to reluctantly sell. 





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