What happens when the clock runs out in 2.5, to 4-years?
If all has gone well, you’ve received a sizable return on your investment. As for the club, several outcomes are likely: – Depending on the term of your lease, you could re-concept the venue. Most of the primary infrastructure is currently in place so reinvest into a new look /feel and drive another 2 or 3 years out of it. – Pack up and open your next one – If it’s purchased real estate, convert it into some other use, such as office space. Now, some may perceive this as a ‘fly by night’ business, as in here today, gone tomorrow. Again, entertainment ventures are not long-term investments. Similar to movie releases, hit music, and most forms of entertainment, they’re life expectancy is short, but nevertheless can yield a high return on the dollar in a fraction of the time conventional investments would.
