Classy Gentleman's Club with Real Estate Included

Northeastern Ohio, OH


Asking Price: Annual Revenue:
$2,700,000 $900,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Classy Gentleman's Club with Real Estate Included Broker: Jeffrey Bury
Owner Financing is Available!

Quick Facts

Asking Price: $2,700,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 32
BBN Listing #: 764138814
Broker Reference #: NORTHOH001-N345

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Business Overview:

Classy Gentleman’s Club with huge cash flow, leading adult club, night club, gentleman’s club with adult entertainment and kitchen in a +500,000 populous community and a +1 million populous region near the main interstate. Gorgeous 7,000 square foot classy, immaculate , ultra-modern, state of the art buildout recently rebuilt and upgraded on a beautiful 4 acre lot with many opportunities for events and entertainment with significant parking, ingress, egress, and visibility. Gross sales of $900,000 and seller discretionary cash flow of $250,000 priced at $2,700,000 ($1,100,000 for business, $1,600,000 for real estate) with inventory priced at closing estimated at $30,000. Seller may consider seller financing on the business portion only of up to 50% of purchase price if approved by seller. Business has been validated and proven for over 21 years with premium sound system, video and security system, lighting, DJ stations, bar and multi-level structures. Business may be considered for sale separately at $1,100,000 with seller discretionary cash flow of $250,000 with real estate leased initially at $12,000 NNN per month with inventory priced separately at closing estimate at $30,000. Pseudo absentee ownership with 5 full time, 27 part time, and 74 contractors all trained with systems in place. Ideal for industry professionals with strong financial wherewithal looking for a very strong add on to their portfolio. Real estate is listed by Emmco Realty Group. If you have been looking for a huge industry leading, classy gentleman’s club in a prime area with beautiful facility buildout grossing $900,000 seller discretionary cash flow of $250,000, priced to sell and possible seller financing, check this one out! The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.

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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.

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