First Class Gentlemans Club In Central Illinois For Sale

Business description

This 8 year old and established Gentleman's Club provides adult entertainment in a First Class lounge atmosphere. The business has an 'adult use' (all nude w/liquor) permit and a 2am liquor license. Contract employees provide the entertainment. The owner is downsizing his business portfolio and preparing for early retirement. This is a turn-key operation and include fixtures, equipment and inventory for not only the bar business but all the well-maintained restaurant business. This business is ready-to-go for the energetic owner/operator. The owner will consider partial trades of condo's, commercial real estate and investment/developmental real estate....anywhere! Contract for deed considered with a financially strong buyer with acceptable down payment.

Property information

Real Estate:

Real Property Included

Living accommodation:

There is a 2nd floor office with more than 1200 ft sq floor space that could easily be remodeled for living quarters. The area has a full bath with shower.

Location:

This adult entertainment business is located within Peoria County and directly on a 18,000 vehicle traveled state highway.

Premises details:

The 12,600 ft sq building sets on a .86 acre lot. The 7,200 ft sq lounge can be expanded into the 4,000 ft sq garage. The building was completely remodeled 1 year ago.....8 year old business!

Size in square feet:

The property has 37,897 ft sq (.9 acre appr)

Planning consent:

Currently zoned commercial with lots of options.

Business Operation

Expansion potential:

Expansion into the garage area or remodel for a new use. Zoned commercial with lots of options!

Competition / Market:

The Peoria area has 3 other gentleman's club but this one is REALLY REALLY nice and ready to go for the new owner(s)

Reasons for selling:

retirement.......Owner is very motivated to SELL!!!

Trading hours:

11am - 2am, Mon-Sat....Sunday available

Employees:

5 ft and 5-6 pt

Years established:

2001

Other information

Support & training:

Owner will support, train and consult as required

Financing available:

Owner will consider all offers and partial financing. Partial trades for commercial real estate, condos and development real estate will also be considered.

Furniture / Fixtures value:

$120,000 (included in the asking price)

Inventory / Stock value:

$4,000 (included in the asking price)

Related documents:

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