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- RE: Adult Entertainment Club
- Contact: Armen Nazarian
Quick Facts
Asking Price: | $1,995,000 | |
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 #: | 939938 | |
Broker Reference #: | 597 |
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! NOTE: This business offering is highly confidential and will only be disclosed with signed Confidentiality Agreement and proof of funds. Contact Armen Nazarian
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Property Features and Assets:
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.
Market Competition and Expansion:
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.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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