Sale Price: $790K, Business+RE, FF&E
Owners will consider Owner Financing for suitable Buyer; Owners, at this time, are NOT interested in a leasehold.
The Lampliter:
ESTABLISHED ADULT ENTERTAINMENT VENUE WITH Full Alcohol and Gaming LICENSES
This turnkey adult entertainment establishment represents a rare acquisition opportunity in Ottawa, Illinois, the county seat of LaSalle County. MSA: 155K
Gross Sales, Cash Flow, SDE provided on NDA completion by interested parties
Operating continuously for over 55 years, this well-established venue maintains full liquor and gaming licenses alongside adult entertainment permits.
No Liquor Law Violations, no civil litigation, no criminal actions.
OPERATIONAL OVERVIEW
The business operates seven days weekly with established hours: Monday-Thursday 4:30 PM to 3:00 AM, Friday-Saturday 1:00 PM to 3:00 AM. Current ownership is retiring after successful long-term operation.
Club is significantly under marketed. There are several avenues to strongly increase Gross Sales that are not being used currently.
FACILITY SPECIFICATIONS
Total building area exceeds 5,000 square feet comprising:
- Main floor: 2,847 square feet, bathrooms, dressing rooms, bar, Main Stage
- Lower level: 2,500 square feet of finished, climatecontrolled space, separate bathrooms; room for offices and to move dressing room from Main Floor to Basement to free up room for VIP/Couch Rooms on Main Floor
- Separate restroom facilities
- Basement areas suitable for dressing rooms, offices, and storage
- One Main Performance Stage
- Fullservice horseshoeshaped bar.
- MAI Appraisal: $240K
The building features solid construction with stucco over block and glazed brick exterior. Property maintenance records indicate no deferred maintenance issues and excellent overall condition.
REGULATORY COMPLIANCE
The establishment maintains an exemplary regulatory record with no liquor license violations on file. All required permits and licenses are current and transferable.
LOCATION ADVANTAGES
- Prime location in county seat
- Ample parking accommodations (front and rear)
- Established customer base spanning multiple decades
- Strategic positioning in underserved market
GROWTH POTENTIAL
Significant expansion opportunities exist for qualified operators, including potential VIP services and enhanced amenities. The venue's long-standing market presence, combined with comprehensive licensing and excellent physical plant, positions this opportunity for continued success under new ownership.
This acquisition includes both real estate and business operations, providing complete ownership transition for serious buyers seeking entry into this specialized market segment.
