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Business For Sale

GENTLEMENS CLUB WITH PROPERTY

Attn: Jeannie/Marshall
Las Vegas, NV, USA
Listing Number: "296843"
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Asking Price: $16,500,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: To be disclosed
Year Established: 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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