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Business For Sale
GENTLEMENS CLUB WITH PROPERTY
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Asking Price: |
$16,500,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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To be disclosed |
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Year Established:
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2006 |
Business for Sale Overview:
Highly Confidential sale of this very well known newly built business which opened in Oct of 2006. A written appraisal dated Dec 2007 shows the value of the building & the property to be $14,505,000. The seller advises that the cost of the fixtures, equipment and tenant improvements to be $1,500,000. Luxurious atmosphere. Full bar, 15 HD plasma TV's, state of the art sound & lighting systems, etc. In addition to the general seating, there is an upstairs VIP area with a separate bar. There is a moratorium on their specialty licensing which cost $6,000 a year. There is a current appraisal which will only be provided to financially qualified buyers with financials and other relative information. The sellers will carry back $6,000,000 with terms to be determined.
Property Features and Assets:
The building is 12,246 square feet. The property which is included in the sale is 1.18+/- acres. Hours: 7 days, 5PM - 5AM.
Market Competition and Expansion:
Excellent west side location, readily accessed from " The Strip" as well as other areas of Las Vegas.
The sellers will discuss with a buyer the growth & expansion possibilities.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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