662854 - BK Profitable Gentleman's Club

Not Disclosed, PA
Allegheny County


Asking Price: Annual Revenue:
$3,000,000 $450,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: 662854 - BK Profitable Gentleman's Club Broker: Bill Kelly

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 210943891
Broker Reference #: 9525-662854

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Business Overview:

This exciting venue was opened 5 years ago in a major metropolitan city on the East Coast close to an airport and sports stadium, This club has two vans and one suburban wrapped with advertising for guest transportation to and from hotels/airports. It has a grandfathered license agreement with city and 5,000 square feet, including 20 private entertainment rooms of various sizes. This club is only open three days a week and is primed for growth with expansion for 7 days a week and additional advertising. Owner will prove income of $150,000 EBITA Owner is retiring.

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Property Features and Assets:

This entertainment venue was opened 5 years ago by a local land developer and only does business 3 days a week due to owners limited time availability. The business has no legal encumbrances. Sales $450,000. Real Estate, $700,000 (5,000 square feet), Lease Holder Improvements $300,000, FFE, $100,000, Liquor License, $120,000, Adult Cabaret License, $1,000,000, Monthly Expense, $33,000,

Market Competition and Expansion:

There are only 5 Cabaret License Available in this area. This is the only one authorized on the south side of this city. Opening the club 7 days a week and increasing social media could exponentially increase income. Currently, the club has a small kitchen area that is not used. Adding food would increase sales. There are four competitors but only 2 in the downtown area. This club has the lowest drink prices in comparison to the other clubs in the area and if it were open 7 days a week the profit would increase substantially.

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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