Gentlemens Club With Property

Location: United States -> Nevada -> Las Vegas
Industry: Bars and Nightclubs > Other Bars and Nightclubs

Businesses for sale Summary

Highly Confidential sale of this very well known newly built business which opened in Oct of 2006. The value of the fixtures & equipment is $1,500,000. The value of the saleable inventory to be included in the sale is to be determined. Luxurious atmosphere. Full bar, 15 HD plasma TV’s, state of the art sound & lighting systems, etc.. In addition to the general seating, there is an upstairs VIP area with a separate bar. There is a moratorium on their specialty licensing which cost $6,000 a year. There is a current appraisal which will only be provided to financially qualified buyers with financials and other relative information. The sale price is $16,500,000. All written offers will be considered. The sellers will carry back $6,000,000 with terms to be determined. Email or contact Jeannie, Cell# (702) 406-6848 for more information on this Gentlemens Club for sale.

Financials

Asking Price Range:  $10.0M – $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  Please see business description.
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  10 – 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Not Applicable

About The Sale

Management Training and Support:  The sellers will stay on as managers until the buyer obtains licensing.
Reason For Selling:  To be disclosed.