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Classy Gentlemen's Club For Sale

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1050000
Net Profit / Cash Flow  $300000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  2 weeks
Reason for Sale  Other business

Type of Business: Gentlemen's Club Location: Southern California Hours of Operation: Noon - 2am Gross Sales: $1,050,000 yr. Adjusted Net Profit: Call Base Rent: $30,000 Length of Lease: New Lease Available: 10 years Options: 10 years Approx.: Sq. Ft. 24,000 includes covered parking area. Over 10,503 sq. ft. of club Payroll: $28,000 mo. Number of Employees: Full Time: 3 Part Time: 12 Plus dancers which are not employees but rent stage. Utilities: $2,500 mo. Phone: $325 mo. Insurance: $1,000 mo. Cost of goods: 14% Asking Price: $1,950,000 Down Payment: Cash Comments: Great Freeway exposure. Large Freestanding building Approx. 24,000 sq. ft. of which approx. 12,000 sq. ft. is Club Space. 2 Stories with upper floor surrounding and overlooking the center stage. Full Kitchen, not fully being utilized. Licensed for topless dancing ''Adult Cabaret'' License. Licensed for cover charges. One of the few locations for many miles around licensed for Bottle Service. Truly a tremendous build out. Not a penny spared in construction. Real Property is also available at additional cost. This business is 100% help run and is not performing even close to its capability. Contact broker for additional information.

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