NOT DISCLOSED, Texas
| Asking Price |
$1,800,000 |
Year Established |
|
|
| Annual Revenue |
$1,124,114 |
Reason for Selling |
Other |
|
| Annual P/L |
$0 |
Attention |
Darrow Graham |
|
| Annual Cash Flow |
$151,837 |
Listing Number |
1009869 |
|
| # of Employees |
30 |
Business Category |
Food and Beverage: Night Spots |
|
Business Overview:
Acquire a high-margin, turnkey adult entertainment venue and real estate in the Galveston Bay area, boasting 2024 normalized Seller’s Discretionary Earnings (SDE) of $151,837 on $1.19 million in revenue. The transaction includes the underlying real estate valued at over $900K, and the SOB license value at $400K, ensuring long-term asset security in an unincorporated zone that offers strategic regulatory advantages regarding land use. Recently revitalized through a comprehensive 2025 capital reinvestment program, the facility is fully up to code with a new roof, plumbing, HVAC, and state-of-the-art security systems, requiring no immediate capital expenditure from a new owner.
With an exceptional 81% gross profit margin driven by a lucrative 70/30 alcohol-to-food sales mix and a robust roster of independent contractor entertainers, the business is supported by a tenured General Manager who oversees daily operations, making this a prime investment with immediate cash flow and significant growth potential.
Seller Financing Available for a Well-Qualified Buyer.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
Property Features and Assets:
<p>Real Estate Included in Asking Price</p><p>Sq Ft: 5500</p>
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity