Summary
- Asking price:
- $500k - $1m (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- 0 - $500k
- Cash flow:
- 0 - $250k
- Years established:
- 1950
- Employees:
- 15
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Business description
Club Lounge Restaurant Business with the property located in a prime urban area of Mercer County, New Jersey. The facility is in a densely populated commercial section of a major city with numerous national companies and on a busy four lane highway with thousands of drive by vehicles daily. The business offering consists of a very well known Gentlemen’s Club, live entertainment with a full Liquor License which has an estimated value of approximately $150,000. The real estate property has five rental units with a $4,000 income and substantial private parking. The business offers drinks and minimal food service with adult gentlemen entertainment. This opportunity offers an excellent professional atmosphere with a substantial net income to sellers.
Property information
- Real Estate:
- Lease
- Location:
- The Business is located on a highly traveled four lane highway with substantial traffic and lots of drive by customers. This urban city and communities supports a high volume of daily workers and shopper crowds from many outside areas.
- Premises details:
- The facility consists of a commercial location with a four thousand (4,000) square foot night club restaurant with full commercial kitchen. The site has four separate lots and five rental apartments and lots of parking.
Other information
- Expansion potential:
- The present owner does not have a marketing system or a web site which if instituted can substantially improve the business income.
- Competition / Market:
- Due to the specialized licensing for live entertainment no other similar Clubs are in this general area.
- Support & training:
- The seller will supply a full training period and a long term transitional period and remain post closing for sixty days.
- Reasons for selling:
- Retirement after many successful years in the industry.
- Financing available:
- Some owner financing is available for a qualified purchaser.
- Furniture / Fixtures value:
- $475,000 (included in the asking price)
- Inventory / Stock value:
- $2,500 (included in the asking price)
- Related documents:
-
Contact the seller
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