Comedy Club for Sale: Is This $3.5M Florida Deal a Total Joke?

A thriving Florida comedy club hits the market—does the $3.5M asking price make any sense? Business Listing - https://www.bizbuysell.com/Business-Opportunity/thriving-comedy-theatre-business-in-south-florida-prime-location/2317650/ Sponsors: ⚡️ Sponsored by Acquisition Lab. Ready to buy your dream business? Get hands-on support, expert guidance, and a powerful network to accelerate your acquisition journey. Schedule your free consultation today at https://www.acquisitionlab.com/. Be sure to tell them Acquisitions Anonymous sent you! 💰 Need SBA funding for your next deal? Viso Business Capital helps you secure the best SBA loans with less hassle. Sign up for a free Q&A session at https://visocap.net and click "Zoom Signup" in the top right. Website: https://www.acquanon.com/ Twitter: https://twitter.com/acquanon ✉️ Subscribe to our Newsletter and get more deals like this every week: https://www.acquanon.com/newsletter 🔔 Subscribe to Acquisitions Anonymous: https://www.youtube.com/@AcquisitionsAnonymousPodcast?sub_confirmation=1 🎧 Listen to our full episodes on your favorite podcast platforms: https://www.acquanon.com/episodes In this episode, Michael and Chelsea dig into a unique listing: a thriving comedy club in South Florida with over $750K in cash flow and a $3.5M price tag. The business boasts a full liquor license, a 300-seat venue with all-new chairs and tech upgrades, and a 10-year lease—but does it justify the steep multiple without owning the real estate? The duo debate the hidden risks, potential upside, and what kind of buyer this business would actually be perfect for. It’s a deep dive into what it really means to buy a bar-with-a-stage in a strip mall. Key Highlights: 🏢 Business Overview: Comedy club with $3M in annual revenue, $750K cash flow, asking $3.5M 🍸 Core Revenue Drivers: Liquor sales and ticket splits—not the acts themselves 📉 Real Estate Concern: Business doesn't own the property, raising questions about valuation 🤝 Booking + Promotion: Importance of talent relationships and email list ownership 📈 Competitive Landscape: Competing with national chains and music venues for comedy talent 🪑 Asset Value: What are you really buying—just some new chairs and a video wall? 🧠 Buyer Fit: Why this deal might be a dream—or a nightmare—depending on the operator ⚠️ Deal Risk: Low barrier to entry and possible overvaluation make this a tough sell