Successful Adult Entertainment Nighclub

Providence, RI
Providence County

Asking Price: Annual Revenue:
$3,000,000 $2,000,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Successful Adult Entertainment Nighclub Broker: Seller of Business
Owner Financing is Available!
Owner financing is available with a substantial down payment. Please contact the seller for more information.

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Florida
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 137159264
Broker Reference #: A-3096

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Business Overview:

Very well established in Rhode Island, offering full liquor, fully nude entertainers and full contact.

$3,000,000 for the name, good will, all furniture, fixtures and equipment, and all licenses for the operation of the business, or $4,500,000 for the business and real property.

2019 sales were in excess of $2,000,000. Full financial information will be provided to seriously interested and qualified prospective buyers.

A new long-term NNN lease is being offered by the property owner at an initial base monthly rent of $25,000. Alternatively, the real estate can be acquired at a price of $1,500.000.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This is a two-story venue with 5,000 +/- square feet on the first floor and an additional 3,000 +/- square feet on the second floor. Featuring two bars, stages, full kitchen, and a basement. Tax records reflect that the building sits on .39 acre.

Market Competition and Expansion:

There are six adult clubs in the City of Providence, and this establishment is one of the most popular and successful.

Reason for Selling:

Other business interests.

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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