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Renovated Adult Club With Real Estate In Downtown Cleveland For Sale

Cleveland, Ohio, US
Asking Price:
$4,500,000 Furniture / Fixtures included
Sales Revenue:
On request
Cash Flow:
On request

Masari Executive Club is the only adult club located in Downtown Cleveland, Ohio. In 2024, a $2,000,000 renovation was completed, and it shows. Public parking lots are located both next door and across the street, and valet parking is approved. Sherwin Williams’ $860 million headquarters is just steps away. An ambitious $100 million development is breaking ground directly across the street with 275 residential apartments together with mixed-use retail space. Masari is walkable to The Jack Casino, Cleveland Cavaliers Basketball Stadium, Cleveland Guardians Baseball Stadium, Huntington Convention Center, and East Bank of the Flats Waterfront Entertainment District. Honestly, locations do not get any better than this!

Property Information

Real Estate:

Real Property Included

Location:

Downtown Cleveland Ohio

Premises Details:

Masari is a topless club serving full alcohol untl 2:30 am daily. Its usage has been grandfathered since 1980. The club is allowed to remain open until 5:30 am without acohol service after 2:30. No dance cards are necessary making hiring a breeze. A new kitchen was installed, plumbing was replaced, electrical was upgraded, three new AC units were installed, lighting, sound, tables, booths, bars, VIP rooms, and 60 new TVs. Everything has been renovated and upgraded from top to bottom. There are 4600 square feet on the main floor of the club with an additional 1000 square feet on the mezzanine level including a spectacular skybox. There is also an additional 1000 square feet for the DJ and girls locker room on the mezzanine level. The atmosphere at Masari is elevated in every possible way and the location could not be better.

Business Operation

Management type:
This business is owner operated.
Competition / Market:

none

Reasons for selling:

relocating

Trading hours:

2:30 am serving alcohol seven days a week... 2:30 am to 5:30 am with no alcohol served.

Employees:
15
Years established:
2025

Other Information

Support & training:

available

Financing available:

Possibly for an industry qualifyed buyer with a substantial down payment.