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Details - Information last confirmed on May 30, 2021
Premier Adult Club in Major Market. Topless, with alcohol; 24 hour license. One of a kind operation due to its unique, grandfathered location. Competition present in total market, but again, its location is a serious, effective, and distinct advantage over its competitors. Zoned for 15 Table Top Slot Machines. Established ownership for over 15 Years. Partners are absentee and are retiring due to health and age.
3 Stages, 2 satellite podiums, 2 full bars, full kitchen and coolers. Multiple offices, Dressing room for 100+ Dancers.
9000 SF Building, regularly inspected, up to code. 1.1 Acre Parking Lot. Leased: $13,400/month NNN, with 20 Years+ Remaining. Lease is seriously below market rates. (Comparables are at 3x+)
Tax Returns upon following conditions:
BUYERS: Don't even waste your time (or mine!) unless you are
1. willing to sign a Confidentiality Agreement,
2. willing to speak directly to me,
3. and are able to provide proof of funds: VERIFIABLE Cash or Equivalent Assets for purchase downpayment.
BROKERS: 2.5% Fee to Selling Broker on total Sale Price. Don't even waste your time (or mine!) if your Buyer cannot or will not comply with 3 conditions above. I am not kidding.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.