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Listed by:

Armen Nazarian Business Brokers

Adult Entertainment Club For Sale

Ingham County, Michigan, US
Asking Price:
$1,995,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This is a great opportunity to own a long-established Adult Entertainment Club in Lansing/Ingham County. Established since 1983, this recently remodeled club has occupancy for 300 patrons and features female dancers, full alcoholic beverages, located in a sprawling 11,275 square foot free standing building on a highly traveled road surrounded by plenty of residential and commercial properties.

Recent upgrades include New Roof, 5 HVAC units, Carpet, Furniture, Digital Sound System, Booths, Paint and so more.

Very little competition in the surrounding area! New State-of-the-art, all digital sound system avoids having a live DJ! Separate 1,500 square room not being utilized and can be used for any option.

Current owner runs the business absentee and does not advertise…a new owner/operator with some creative advertising/marketing along with opening Mondays & Tuesdays, adding a kitchen with full menu, opening for lunches, running daily specials along with hiring a promoter, you have HUGE potential.

Original owner since 1983 and ready to retire!


Property Information

Real Estate:

Real Property Included

Premises Details:

Established since 1983, this recently remodeled club has occupancy for 300 patrons and features female dancers, full alcoholic beverages, located in a sprawling 11,275 square foot free standing building on a highly traveled road surrounded by plenty of residential and commercial properties. Recent upgrades include New Roof, 5 HVAC units, Carpet, Furniture, Digital Sound System, Booths, Paint and so more.

Size in square feet:
11,275

Business Operation

Expansion Potential:

Current owner runs the business absentee and does not advertise…a new owner/operator with some creative advertising/marketing along with opening Mondays & Tuesdays, adding a kitchen with full menu, opening for lunches, running daily specials along with hiring a promoter, you have HUGE potential.

Reasons for selling:

Retirement

Employees:
7
Years established:
1983

Other Information

Support & training:

seller will train

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

$1,995,000 with $500,000 down. 7% int., amortized over 240 months

Inventory / Stock value:
$12,000