Adult Entertainment Club / Business & Real Estate

Not Disclosed, MI
Ingham County


Asking Price: Annual Revenue:
$2,200,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Adult Entertainment Club / Business & Real Estate Broker: Armen Nazarian
Owner Financing is Available!
$2,200,000 with $500,000 down, 6% int., amortized over 240 months

Quick Facts

Asking Price: $2,200,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1983
Employees: 7
BBN Listing #: 961252001
Broker Reference #: 0440

Email or Print Listing

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Business Overview:

This is a great opportunity to own a long-established Adult Entertainment Club in Lansing/Ingham County. Established since 1983, this recently remodeled club has occupancy for 300 patrons and features female dancers, full alcoholic beverages, located in a sprawling 11,275 square foot free standing building on a highly traveled road surrounded by plenty of residential and commercial properties. Recent upgrades include New Roof, 5 HVAC units, Carpet, Furniture, Digital Sound System, Booths, Paint and so more. Very little competition in the surrounding area! New State-of-the-art, all digital sound system avoids having a live DJ! Separate 1,500 square room not being utilized and can be used for any option. Current owner runs the business absentee and does not advertise…a new owner/operator with some creative advertising/marketing along with opening Mondays & Tuesdays, adding a kitchen with full menu, opening for lunches, running daily specials along with hiring a promoter, you have HUGE potential. Original owner since 1983 and ready to retire! A must see/must have business that will not disappoint! Turnkey operation only needing a new owner/operator. Seller will train! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com

NOTE: This business offering is highly confidential and will only be disclosed with signed Confidentiality Agreement and proof of funds.

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Property Features and Assets:

This is a great opportunity to own a long-established Adult Entertainment Club in Lansing/Ingham County. Established since 1983, this recently remodeled club has occupancy for 300 patrons and features female dancers, full alcoholic beverages, located in a sprawling 11,275 square foot free standing building on a highly traveled road surrounded by plenty of residential and commercial properties.

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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