483807-BK Established Gentlemen's Club With RE

Not Disclosed, WV


Asking Price: Annual Revenue:
$2,500,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: 483807-BK Established Gentlemen's Club With RE Broker: Bill Kelly

Quick Facts

Asking Price: $2,500,000
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: 1998
Employees: 40
BBN Listing #: 562843891
Broker Reference #: 9525-483807

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Business Overview:

This Gentleman's Club is part of two clubs for sale by the same Seller. Both are in excellent locations (20 min apart) in northern West Virginia. Business has two full time managers and full staff . Can be set up for absentee ownership.
The interior and exterior have been totally remodeled and is in excellent condition. Includes: six digital cash registers, full camera system inside and out (can be viewed from cell phone) state of the art sound system and lighting, unique "Sky Cage" (owner states there are only 3 or 4 in America) Large bar area, fully equipped - extra clean kitchen with 6’ hood (w/fire suppression), double fryer. walk in refrigerator, double freeze, newer HVAC system, back stage dressing room with separate makeup area (no lockers), Large office area w/video monitors.
Floor features, 2 large champagne rooms, 6 smaller private dance areas. 18 lounge chairs, 40 tables with 2-4 chairs, 40 stools at 2 bars, 25 stools in front of dance platforms.
Large storage container behind building for furniture/electronics, plenty of parking in front and back of building. Asset Sale
Business is being sold with Real Estate.
Owner inherited the business recently and wants to sell

Business has been in same location for over 18 years, but was was purchased and re-modeled two years ago. It has been closed since March first due to the pandemic. When operational the club produced a free cash flow of $90,000 monthly.

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Reason for Selling:

Retiring

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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