Description 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.