Gentlemen’s Club With Property

Location: United States -> Nevada -> Las Vegas
Industry: Bars and Nightclubs > Nightclubs

Businesses for sale Summary

The previous operator stated that the cost of the fixtures, equipment and tenant improvements was $1,500,000. Luxurious atmosphere. Full bar, 15 HD plasma TV’s, state of the art sound & lighting systems, etc. In addition to the general seating, there is an upstairs VIP area with a separate bar. There is a moratorium on their specialty licensing which cost $6,000 a year. The seller advises that there are the following licenses in place (valid to Aug 2009), Tavern, Adult Cabaret, Admission fees-Non resort, Tobacco Permit, Valet, Gift / Novelty. There is a written appraisal which will only be available to financially qualified buyers. Potential buyers are required to sign a Non Disclosure Form, and provide their financials before any additional information is disclosed. List Price is $13,000,000. Contact for more information on this Gentlemen’s Club for sale.

Financials

Asking Price Range:  $10.0M – $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $1,500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  1 – 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Owner is not an operator.