NEWS
How I lost N500M opening a non-smoking night club – AY Comedian reveals
Popular Nigerian comedian and actor, Ayo Makun, better known as AY, has revealed that he lost 500 million Naira in a nightclub business that prohibited smoking.
The comedian made this known during an interview with media personality, Chude Jideonwo. AY disclosed that the club crashed after a huge investment, despite his wife’s advice against the decision.
AY revealed that he used to visit the club on Fridays but found it empty. He later realized that having a non-smoking club was not conducive to that type of business.
He explained that the reason he made the club non-smoking was that his wife always came back from clubs with her hair smelling of smoke.
AY noted that his success in filling up event centers for comedy shows motivated him to invest in the nightclub business.
The comedian expressed regret for not heeding his wife’s advice and said he learned a valuable lesson from the experience.
He said: “I woke up one day and I said to myself, ‘it’s time to open a nightclub’, ‘AY, if you can gather 6,000 people at Eko Hotel, what’s in a club that you can’t just gather 100 to 200 people buying drinks I think God just wanted me to know that ‘this one is not your calling’, ‘you are the one calling yourself’.
“It is good to have the right partner, my wife was strongly against it. I said, ‘No, it is good for networking and PR’. Shout out to all the guys who are doing it and getting it right.
“But I thought then that when I come, I am just going take all of them out of the market. It was a huge investment running to about N500 million.
“We put everything in place, the staff strength was solid, the interior was crazy and I will go there every Friday, I will look at the door and I am not seeing people coming. The opening was grand and massive. I started with a non-smoking club; I didn’t know that all these things go together.
“The wise ones will call me, and I will tell them that sometimes when I take my wife to the club when we get back her hair will be smelling of smoke, and women should have their wigs neat’. Long story short, I saw my ‘period’, it was very bad”.
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