Nightclub Mr Kims up for sale
The Hindley Street nightclub and bar founded a decade ago is on the market, with current owners looking to divest both the business and branding.
Photo: Via Mr Kims on Facebook by Danny Howe.
A business sale listing for Mr Kims was posted three days ago, with brokers McGees noting the current owners were seeking an “eligible operator to continue the Kims legacy”.
Established in 2013, Mr Kims forms part of the Crippen Place entertainment precinct at 134 Hindley Street which also hosts eatery Motherlode, nightclubs Rocket Bar and Electric Circus and a rooftop bar.
The sale is for Mr Kims only: a three-story venue including a bar, nightclub, terrace bar, smoking area and basement.
The new owner would also take control of the Mr Kims brand, including the club’s Instagram and Facebook accounts which have more than 20,000 followers combined.
“The business established in 2013, is a multi-level entertainment complex with a current 5AM Liquor Licence,” reads the listing.
“Currently closed without announcement, the venue itself is presented in an upmarket, tidy, and large floorplan with nightclub specified lighting, fire alarm system and bar layout modules.
“The venues have hosted a variety of parties and artists including Drake, Flight Facilities, Kaytranada, The Veronicas and a plethora of afterparties for large-scale music events hosted in South Australia.”
According to the listing, Mr Kims also has an “almost brand-new security camera system” maintained by Xentech computers – “one of the most advanced camera systems in the state”.
The installed fitout at Mr Kims includes a lighting system, a full-size fish tank maintained externally by A1 Tropical, a photobooth, a disabled toilet on the ground floor and more.
The current owners lease the space on a five-year basis which last commenced on 1 September 2022 and has two further five-year renewal terms.
McGees is accepting expressions of interest until 20 December.
Current operations manager Jake Phillips and the business’ brokers were approached for comment but did not respond by the time of publication.
The news comes after Rundle Street nightclub Sugar found a new owner earlier this month.
The iconic venue will reopen on 1 December under a group which also owns Cry Baby, Shotgun Willie’s and more.
