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Asking Price: $500,000

Phoenix Unfinished Topless Adult Club with Alcohol

Phoenix, AZ
Maricopa County

Confidential Information Memorandum1 of the 27 licensed Strip Club w\Liquor License in AZ2438 East McDowell Road, Phoenix, AZ4,100 Square Feet, with potential to expand for kitchen space next door.This location is to the EAST side of Phoenix, near SCOTTSDALE. It is the Arcadia area itself.This is one of only 27 Entertainment licenses issued by the state of Arizona with a Series 6 Liquor license. Series 6 License covers Liquor, Beer, WineZONING: Property is zoned C2. The strip club is grandfathered in the city of Phoenix, AZ. This is a recently, partially remodeled club. Finish out could take as little as $20K to as much as you would want to spend. See pictures.HVAC, Bathrooms, Electrical are finished.Lighting, Sound and Amps, More Chairs and Tables to finish Room out, Lockers for Dressing Room (this Club could comfortable handle 20-40 Entertainers.It is a little over a mile away from 2 major highways. The strip club is next door to a Pepboys Automotive Shop. You can see the intersection of Mcdowell & 24th Street from standing in front of the club (very busy intersection). You are few miles from the Biltmore/Arcadia Area. Approximately 60 parking spots available between front and back of building. Lease is locked in for $1.00 per foot (approximately) till 2038. 3% increases per year. Club is about 4100 sq ft. The average strip club with a series 6 license goes from anywhere from $2.00 to $3.00 per foot. It’s an excellent opportunity for the right person.Owner will do a seller carry back (with a reasonable down payment) Sale Price: $500,000Contact Information: H. Winston Hines, HWH Properties.

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Cash Flow Not Disclosed
Revenue Not Disclosed
$ Owner Financing Available

Asking Price: $2,650,000

High-End Eatery – Passive Ownership

Mechanicsburg, PA
Not disclosed

This high-end eatery is selling on a low multiple of 2.1 and the financing for this purchase has already been approved with the bank loan making up 75% of purchase as shown in our listed funding example! This business offers the buyer an opportunity for passive ownership thanks to their excellent staff and management which consists of 30 servers, 18 kitchen staff, 1 General Manager; and 1 Kitchen Manager. This restaurant comes with over $1M in assets including an exclusive liquor license valued at $500K as Cumberland County has limited licenses – making this a closed market that won’t get oversaturated. Their posh place has 5,000 square feet and a capacity to host 100 customers indoors with additional covered booth seating available outside. With over $5M in revenue and cash flow over $808,000 in 2021, they are able to maintain a 3–4-week reservation wait list for Friday and Saturday nights. They have also been getting frequent requests to make Sunday brunch available, which would be an excellent growth opportunity. Their client base is drawn to the varied menu including elevated and delicious classics like Italian pasta, prime rib, salmon, fried calamari, seared scallops, and mussels. The COVID-19 pandemic forced the restaurant to close from mid-March through April, but they quickly bounced back with the introduction of curbside pickup (which is still readily available and utilized) and were back to full capacity in 2021. The current owner provides general oversight, but this is a preference and could be easily phased out as they have two full time managers. With an established website but minimal online marketing, a significant and cost-efficient growth opportunity exists for new ownership. Priced at $2,650,000, the restaurant is primed to continue its current growth pattern far beyond 2021 with gross sales in 2022 annualizing over $5.4M! The current owner has offered to finance 12.5% of the purchase to show her faith in the business’s continued success after the purchase.

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Cash Flow $1,276,251
Revenue $5,488,047
$ Owner Financing Available

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