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#Business ID: 16461

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An Outstanding Nightclub, Pub, Bistro and KTV in an Elegant Environment For Lease or

Business Location: Butterworth Town Center, Pulau Pinang, Malaysia

Asking Price: $ 690,000 Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

An outstanding Nightclub where party is bound to come alive. All in one under one roof – Pub, Bistro, Nightclub and KTV in an elegant environment and patronized by dashing crowd.

Established since 2000 in Butterworth, Penang and has since customary itself as the rendezvous place to unwind after a hard day’s work.
It is situated in the heart of Butterworth city entertainment district and in the vicinity of major high traffic areas surrounded by popular restaurants, bank, malls and club houses.

There are ample car parking space and enjoy good location visibility from major roads.

The Club has been completely remodelled. A spacious 12,000 sq. ft. two-level premise with more than 8 KTV rooms and a well equipped Kitchen.

Specially built with Live Band performing Stage, dedicated Dance Floor and Drinking area in the hall.

It is well equipped with advanced Sound and Lighting System. Moreover, the KTV system is preloaded with more than 150,000 hit songs from ten languages.

The outlet can accommodate up to 500 people easily.

Nightly – Famous DJ belts out a range of current hit tunes catering to crowd demands. Not to be missed also is the daily Live Band Performances from celebrated groups.

Currently, special Thai Live band has been performing for more than six months.

Monthly promotions on food and drinks are held regularly which is popular with the patrons.

The business enjoys steady growth with good profitability over the years. It is well-founded with Full Complete Licenses and Permits: –
Premise License, Liquor License, Live Band License, Foreign Artist Permit, PPM License (Public Performance), Dance Hall License, KTV License, Restaurant License, SPA License and Paintball License.

Business License operation hour is allowed till 3:00am daily.

Easy transition from taking over to continue running

Property Information
Property Type:
Lease

Business Location:
Located at Butterworth Commercial Centre One Stop Sport, Recreation and Entertainment Centre with two club houses in the same building.

Four Storey building with a 13 passengers lift. There is space reserved for middle class Hotel with more than 70 rooms for further development.

Reason For Selling:
Owner retired.

Property Details

Size:

Total floor area about 80,000, 4 story commercial building with 60% occupied, there is ample space for further expansion.

Years Established:

Year 2000

Property Type:

Real & Lease

FF&E:

$ 690,000

Real Estate Value:

$ 2,200,000

Other Business Details

Business Location:

Located at Butterworth Commercial Centre, One Stop Sport, Recreation and Entertainment Centre with two club houses in the same commercial building with 13 passengers lift.

Premise Details:

It is situated in the heart of Butterworth city entertainment district and in the vicinity of major high traffic areas surrounded by popular restaurants, bank, malls and club houses. There are ample car parking space and enjoy good location visibility from major roads. Surrounded with North South Highway and Butterworth outer ring road

Competition:

The Club has been completely remodelled. A spacious 12,000 sq. ft. two-level premise with more than 8 KTV rooms and a well equipped Kitchen. One club house operating with 15 Slot Machines license just next to the Night club.

Expansion Potential:

Located at Butterworth Commercial Centre One Stop Sport, Recreation and Entertainment Centre with two club houses in the same building,. Four Storey building with a 13 passengers lift. There is space reserved for middle class Hotel with more than 70 rooms for further development. Overall, Total floor area about 80,000, 4 story commercial building with 60% occupied, there is ample space for further expansion. Complete building take over is possible is interested.

Living Accommodation?

Yes
The 2nd and 3rd floor is for office and living accommodation used The 3rd floor with 19,000 sq ft with 13 passeger lift, is reserved for the potential 70 rooms middle class hotel.

Planning Consent:

It is well-founded with Full Complete Licenses and Permits: – Premise License, Liquor License, Live Band License, Foreign Artist Permit, PPM License (Public Performance), Dance Hall License, KTV License, Restaurant License, SPA License and Paintball License

Business Operation Details

Employees:

50 staffs with artists

Trading Hours:

17.00 Hrs to 03.00Hrs (3AM)

Support & Training:

With full operation support & Training at lease 6 months with mutual agreement by both parties. Extension is possible.

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes
To be discussed and arranged

Reason For Selling:

Owner retired

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