Gentleman's Club & Bar
Location:
United States
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North Carolina
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Greensboro
Industry: Bars and Nightclubs > Other Bars and Nightclubs
Business Summary
The Lost Dimensions Gentleman's Club and the Bear's Den Bar are ideally located at 510 Farragut Street, in Greensboro, NC. The building faces south and directly at Interstate 40 and is visible from both west and east bound traffic. The view of the facilities is unobstructed as Farragut Street is a service road running parallel with Interstate 40 and it is accessible from both direction of I-40 using Randleman Road, a key thoroughfare in Greensboro, NC.
This location has been operating as a Strip Club for over 25 years and has a loyal following. Reaching the maximum capacity of 349 persons is not unheard of on the weekends. Currently there is a very limited marketing budget, under $4,000 per month; there are no visible signs on the building indicating the nature of operations and there are no additional billboards on Interstate 40. Additional signs are permitted because this facility is both zoned and grandfathered for signs. Email or call CHARLIE PETRUCCI at (919) 418-0675 for more information on this Gentleman's Club & Bar for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,400,000
Cash Flow:
$400,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1981
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Want to live in Central America fir several years.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Other Bars and Nightclubs business for sale.
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Print Listing Id: 70063116
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