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Successful Adult Entertainment Nightclub
Location: United States -> Rhode Island -> Providence
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Very well established in Rhode Island, offering full liquor, fully nude entertainers and full contact.

$3,000,000 for the name, good will, all furniture, fixtures and equipment, and all licenses for the operation of the business, or $4,500,000 for the business and real property.

2019 sales were in excess of $2,000,000. Full financial information will be provided to seriously interested and qualified prospective buyers.

A new long-term NNN lease is being offered by the property owner at an initial base monthly rent of $25,000. Alternatively, the real estate can be acquired at a price of $1,500.000.

Owner financing is available. Please contact the seller for more information.

There are six adult clubs in the City of Providence, and this establishment is one of the most popular and successful.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,000,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Available
Reason For Selling:  Other business interests




Print Listing Id: 700351318
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

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



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