Fully functioning nightclub for lease in central Ikorodu, Lagos. It a known brand with loyal clientele base in the heart of the town.
Features:
- Ground floor 100sqm. Upper Floor VIP 125 sqm.
- CCTV
- Manager/Directors office
- Fully equipped kitchen
- 4 Generators 65kva (Recently acquired), 22kva, 8kva, 6kva
- Full DJ equipment and speakers
- Completely furnished with standard night club/lounge theme
- With the right team in place - generates monthly sales of N8m to 14m with net profit between 2.5m to 5m (NET profit after salaries, expenses and taxes).
Bonus: N7m existing support endorsement deal from a liquor company.
Reason for lease: Owner plans to relocate.
Lease period 1 year minimum. 2years desired
Price: With cash upfront for 1 year 7.2m at 600k per month. And cash upfront of 6months at 700k per month N4.2m.