The bulk of revenue from the Nightclub industry is derived from sale of alcoholic drinks. The industry has high product turnaround but low profit margins that make it susceptible to any adverse changes in demand (including any recessionary declines). In fact, nightclubs struggled during the recent recession, but business has been slowly picking back up since then.
This industry includes nightclubs, discotheques and entertainment establishments that are primarily open at night, prepare and serve alcoholic beverages for immediate consumption and provide music and space for dancing. These establishments may also provide limited food services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.