Gentlemens Club With Property
Location: United States -> Nevada -> Las Vegas
Industry: Bars and Nightclubs > Other Bars and Nightclubs
Businesses for sale Summary
Highly Confidential sale of this very well known newly built business which opened in Oct of 2006. The value of the fixtures & equipment is $1,500,000. The value of the saleable inventory to be included in the sale is to be determined. 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. There is a current appraisal which will only be provided to financially qualified buyers with financials and other relative information. The sale price is $16,500,000. All written offers will be considered. The sellers will carry back $6,000,000 with terms to be determined. Email or contact Jeannie, Cell# (702) 406-6848 for more information on this Gentlemens 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: Please see business description.
Seller Financing: Not Disclosed
About The Business
Year Established: 2006
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Management Training and Support: The sellers will stay on as managers until the buyer obtains licensing.
Reason For Selling: To be disclosed.
