Reply to One night Club Event

Hey DJTTers,

I live in a small town in Pennsylvania, where the only entertainment is an under-21-club that is pretty trashy, and terribly run. There's roughly 70,000 people in the area (not all kids, obviously) and my brother has been tossing around the idea of a one evening club-type event graduation weekend. There's a huge warehouse that we would rent, rent a huge sound and lighting system, hire a Pittsburgh based Dj, and make it an exclusive, all-out event. Has anyone tried this? How much would it cost? How much could you charge? Is there any way to make solid profit? or is it all just a waste of time and cash? Give as much help as you can, and thanks!