Gentleman's Club & Bar
Location North Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1400000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 6 - 9
Inventory 100000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Want to live in Central America fir several years.
Description The Lost Dimensions Gentleman's Club and the Bear's Den Bar are ideally located at 510 Farragut Street, in Greensboro, NC. The building faces south and directly at Interstate 40 and is visible from both west and east bound traffic. The view of the facilities is unobstructed as Farragut Street is a service road running parallel with Interstate 40 and it is accessible from both direction of I-40 using Randleman Road, a key thoroughfare in Greensboro, NC.
This location has been operating as a Strip Club for over 25 years and has a loyal following. Reaching the maximum capacity of 349 persons is not unheard of on the weekends. Currently there is a very limited marketing budget, under $4,000 per month; there are no visible signs on the building indicating the nature of operations and there are no additional billboards on Interstate 40. Additional signs are permitted because this facility is both zoned and grandfathered for signs. Email or call CHARLIE PETRUCCI at (919) 418-0675 for more information on this Gentleman's Club & Bar for sale.
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