Gentlemens Club In Mercer County For Sale

Business description

Club Lounge Restaurant Business with the property located in a prime urban area of Mercer County, New Jersey. The facility is in a densely populated commercial section of a major city with numerous national companies and on a busy four lane highway with thousands of drive by vehicles daily. The business offering consists of a very well known Gentlemen’s Club, live entertainment with a full Liquor License which has an estimated value of approximately $150,000. The real estate property has five rental units with a $4,000 income and substantial private parking. The business offers drinks and minimal food service with adult gentlemen entertainment. This opportunity offers an excellent professional atmosphere with a substantial net income to sellers.

Property information

Real Estate:

Lease

Location:

The Business is located on a highly traveled four lane highway with substantial traffic and lots of drive by customers. This urban city and communities supports a high volume of daily workers and shopper crowds from many outside areas.

Premises details:

The facility consists of a commercial location with a four thousand (4,000) square foot night club restaurant with full commercial kitchen. The site has four separate lots and five rental apartments and lots of parking.

Business Operation

Expansion potential:

The present owner does not have a marketing system or a web site which if instituted can substantially improve the business income.

Competition / Market:

Due to the specialized licensing for live entertainment no other similar Clubs are in this general area.

Reasons for selling:

Retirement after many successful years in the industry.

Employees:

15

Years established:

1950

Other information

Support & training:

The seller will supply a full training period and a long term transitional period and remain post closing for sixty days.

Financing available:

Some owner financing is available for a qualified purchaser.

Furniture / Fixtures value:

$475,000 (included in the asking price)

Inventory / Stock value:

$2,500 (included in the asking price)

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