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Classy Gentlemen's Club For Sale
Location: United States -> California -> Southern California - All Southern California -> Orange County
Industry: Bars and Nightclubs > Nightclubs




Business Summary

Type of Business: Gentlemen's Club

Location: Southern California

Hours of Operation: Noon - 2am

Gross Sales: $1,050,000 yr.

Adjusted Net Profit: Call

Base Rent: $30,000
Length of Lease: New Lease Available: 10 years
Options: 10 years
Approx.: Sq. Ft. 24,000 includes covered parking area. Over 10,503 sq. ft. of club
Payroll: $28,000 mo.
Number of Employees: Full Time: 3 Part Time: 12 Plus dancers which are not employees but rent stage.

Utilities: $2,500 mo.
Phone: $325 mo.
Insurance: $1,000 mo.
Cost of goods: 14%

Asking Price: $1,950,000
Down Payment: Cash

Comments: Great Freeway exposure. Large Freestanding building Approx. 24,000 sq. ft. of which approx. 12,000 sq. ft. is Club Space. 2 Stories with upper floor surrounding and overlooking the center stage. Full Kitchen, not fully being utilized. Licensed for topless dancing ''Adult Cabaret'' License. Licensed for cover charges. One of the few locations for many miles around licensed for Bottle Service. Truly a tremendous build out. Not a penny spared in construction. Real Property is also available at additional cost. This business is 100% help run and is not performing even close to its capability. Contact broker for additional information.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,050,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2009
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Other business




Print Listing Id: 700223103
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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