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Accommodation & Food services

Nightclubs

walls which could be a revenue source for a new owner. The upper level of the building is a 3 bedroom one bath apartment currently occupied by one of the owners. Along with the nightclub, the present owners purchased the parking lot just behind the building with space for 40+ cars. That rarity in Milwaukee County for a night club adds extra value and keeps neighbors very happy due to off street parking and manages noise levels. The club itself catered to a specific underserved clientele in the Milwaukee area at its outset, however it has become a hot spot for twenty-something urban professionals to hear highly promoted DJ's and attend radio and guerilla marketing backed parties. Promoters keep the door fees and the club reaps the benefits. They have an excellent security staff and have had little to no problems with the clientele they serve by maintaining a dress code and enforcing it nightly. The state of the art sound systems and DJ board keep the patrons dancing until the 2 am close and revenues have been steady for the past 3 years from 260,000 to $300,000 per year. The owner is not representing any cash taken from the nightclub and the business shows a profit year over year, due to onsite ownership. The managing partner would potentially stay on once the partnership is dissolved due to divorce. With the real estate included, this business is highly attractive and the numbers on the night club include rental payments that have been made to the partners on the building. call Nicole 262-347-2083 www.vrbizlakes.com

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