Posted: Oct 12, 2010 2:57 pm
Memphis' premiere live entertainment venue is for sale. Located on a busy east west avenue in Midtown, it has been home for many years to some the more popular rock groups, both locally and nationally. It has been voted "best place to see live music" in every reader's poll in the city. Owner moved out of town to pursue other business interest. He has left the management in the capable hands of his music buyer. The club could certainly benefit from local hands on control again. This is a once in a lifetime opportunity to own the best of its class. Motivated owner wants an offer!!!!
Facilities: The music hall occupies 4400 square feet . Rent is $2,900 per month. There is a full kitchen with all equipment included in the sale. All sound system and mixing equipment, as well as lighting equipment included in the sale.
Competition: Whether it's local favorites, or touring acts on a national scale, live rock and roll has a home at this bar/restuarant/music hall. It has been a dependable mainstay in local entertainment for years.
Growth/Expansion: Hands on local ownership could improve the performance and financial return of this business.
Support/Training: Owner lives out of town. Full time manager/music buyer will assist in the training.
Reason Selling: Owner has moved out of town to pursue another business interest.
To inquire about this business for sale, click the button above
Business For Sale Listed By
Sam Cantor & Company