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Club Madonna Only South Beach Strip Club Allowed For Sale

Miami Beach, Florida, US
Asking Price:
$16,000,000 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Club Madonna, the Iconic Gentlemen's Club on Miami Beach, is now on the market and poised to be sold for the very first time in history. The legendary Burlesque era pioneer, Leroy Griffith, has decided to retire, providing a unique and once in a lifetime opportunity to own the world-famous South Beach institution known as "Club Madonna"! This Live Adult Entertainment Club is and has been the only Strip Club on Historic Miami Beach. The 1948 two-story building, along with an adjacent 600 plus square foot structure, has the potential to be the top-rated Club in the industry. All information provided regarding the property is believed to be accurate; however, it is not warranted nor guaranteed. Buyers are advised to conduct independent verification of all details concerning property.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Rear structure could be developed into living quarters, possible development & expansion.

Location:

Miami Beach (South Beach) Florida famous Washington Avenue in the Heart of Miami Beach

Premises Details:

Retail, Special Purpose Building with two structures comprising 7,709 & 616 sq. ft. (total 8,325 sq. ft) located on an 8,750 sq. ft. lot

Size in square feet:
8,325

Business Operation

Competition / Market:

Club Madonna is Grandfathered in as the ONLY allowed Gentleman's club on South Beach!

Reasons for selling:

Owner is turning 90 and is looking to Retire.

Trading hours:

9:00 p.m. until 5:00 a.m.

Employees:
10
Years established:
50

Other Information

Support & training:

Current Owner willing to train Buyer.

Furniture / Fixtures value:
$100,000 - included in the asking price