Northeast Ohio Gentleman's Club with Strong Ca...

Confidential, OH


Asking Price: Annual Revenue:
$1,100,000 $900,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Northeast Ohio Gentleman's Club with Strong Ca... Broker: Jeffrey Bury
Owner Financing is Available!

Quick Facts

Asking Price: $1,100,000
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 #: 139538814
Broker Reference #: NORTHOH001-N346

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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 $1,100,000 for business, with inventory priced separately 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. Real estate leased initially at $12,000 NNN per month. 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. 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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