Premier Adult Club in Major Market. Topless, with alcohol; 24 hour license. One of a kind operation due to its unique, grandfathered location. Competition present in total market, but again, its location is a serious, effective, and distinct advantage over its competitors. Zoned for 15 Table Top Slot Machines. Established ownership for over 15 Years. Partners are absentee and are retiring due to health and age.
3 Stages, 2 satellite podiums,2 full bars,full kitchen and coolers. Multiple offices, Dressing room for 100+ Dancers.
9000 SF Building, regularly inspected, up to code. 1.1 Acre Parking Lot. Leased: $13,400/month NNN, with 20 Years+ Remaining. Lease is seriously below market rates. (Comparables are at 3x+)
Tax Returns upon following conditions:
BUYERS: Don't even waste your time (or mine!) unless you are
1. willing to sign a Confidentiality Agreement,
2. willing to speak directly to me,
3. and are able to provide proof of funds: VERIFIABLE Cash or Equivalent Assets of $3M for purchase downpayment.
BROKERS: 2.5% Fee to Selling Broker on total Sale Price. Don't even waste your time (or mine!)if your Buyer cannot or will not comply with 3 conditions above. I am not kidding.
Inventory / Stock value:
$200,000 (included in the asking price)
Furniture / Fixtures value:
$400,000 (included in the asking price)
To be negotiated with suitable Buyer
Owner financing is available. Please contact the seller for more information.
Support & training:
To be Negotiated with Purchaser
24 Hours a day/7 days a week
Reasons for selling:
Age and Health of Absentee Owners
Competition / Market:
Stiff Competition but this location offers a unique advantage....
Interior can be redesigned for more effective use...
Size in square feet:
9000 SF Building; well maintained; 1.1 Acre Parking
Prime High Traffic Street; Major Tourist Zone