Seller's Contact Information
- RE: Nightclub Gentlemen
- Contact: Customer Service
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $1,000,000 | |
Net Profit: | $150 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 325,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1975 | |
Employees: | 10 | |
BBN Listing #: | 63403909 | |
Broker Reference #: | ADCL189 |
Business Overview:
New, recently remodeled ultra-modern Gentlemen’s Club located on a highly active state highway of Monmouth County, New Jersey. This beautifully well designed 3,000 square foot facility is fully equipped with state-of-the-art equipment, and a customer capacity for one hundred patrons. The business is fully licensed for live adult entertainment with a valuable consumption liquor license which is part of the sale transaction. The sale also includes a long term assignable commercial lease at a reasonable fair rent cost. The club projects a $25,000 weekly gross income to the onsite owner operator. This is a most unusual business. Reopening 2023 after the pandemic.
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Property Features and Assets:
This retail facility is newer and recently built, consist of 3,000 square feet with an ultra-modern appearance. The club has a full kitchen, DJ area and various sections required for this industry. The business is in a mid-size mall with various other active and successful businesses. This opportunity is in Northern New Jersey, Monmouth County on an active state highway with a substantial traffic count.
Market Competition and Expansion:
Due to the unavailability of any new liquor licenses or adult entertainment approval no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Reason for Selling:
Absentee owner
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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