Business For Sale

Adult Club Lease or Purchase

Not Disclosed, NJ
Passaic County


Asking Price: Annual Revenue:
$89,000 $500,000

Recreation: Entertainment


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RE: Adult Club Lease or Purchase Broker: Ron Cervelli

Quick Facts

Asking Price: $89,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 24703909
Broker Reference #: ADCL161

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Business Overview:

Lease or purchase, this unusual business opportunity which represents a licensed adult club in Northern New Jersey and in a highly-populated city of Passaic County. The sale includes a fully upgraded club, consumption liquor license and adult entertainment license. The club is presently closed due to the separation of the staff and take over by the owner / investor. The club can be purchased separately with the various licenses or with the property as a package sale. This business transaction will offer a commercial lease which expires 2028-01-01 plus additional options, with a monthly rent of $4,500, cost per square foot is estimated at $15.90 and rent security of approximately $10,000. The business fixed assets has an estimated value of approximately $250,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped adult night club, which includes displays, kitchen, refrigeration & freezer units, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This successful business operation was active five days per week, with hours from 4:00 pm to 3:00 am. This transaction represents an excellent business opportunity with substantial potential for growth. Based on a 20-year payout at 5% interest, 20% down payment purchaser should obtain a consistent net yearly income return on investment after debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

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Property Features and Assets:

The club is ultra-modern and is two years’ young which was fully upgraded by the existing owner. The first floor consist area, 1,950 square foot bar, dance stage and various sections to service its customers. The second floor which is approximately 1,000 square feet consist of a private dance area. The second floor also has a modern residential rent unit which will supply an additional income.

Market Competition and Expansion:

The business presently has a limited marketing plan, poor web site and must be improved to further develop the business yearly gross sales. Competitors present exist in the industry and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

The sale is due to the owner’s absenteeism as an investor.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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