- Advert ID: 702138
- (Seller ref: 005-2-AL)
Strip Club & Property For Sale
- Location:
-
- United States
- > Pacific
- > California
- > California - South
- > San Diego
- > San Diego
- Category:
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Summary
- Asking price:
- $3,000,000
- Sales revenue:
- $500k < 1m
- Net profit:
- $300,000
- Years established:
- 18
- Employees:
- 50
Business description
This strip club has been in business approximately 18 years. Sellers are looking to retire. Entertainemnt license is grandfathered in. Profit is approximately $300,000 for an owner operator. Currenly they pay a manager $60,000 a year plus a bonus of $150,000 a year . Net profit also includes a rental payment on the property for $8,975. This payment was not added into the Net profit.Real estate was appraised in September 2007 at $1,700,000 asking $3,000,000 for business and property. Buyer can finance the land but must pay cash for business no financing available for this type of business.
Property information
- Real Estate:
- Real Property Included
Other information
- Reasons for selling:
- Retiring
- Trading hours:
- 11:00AM - 2:00AM
- Financing available:
- The property can be financed through traditional lenders with 30-40% down. Business will need to be paid cash or submit a serious offer to seller.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United States
- > Pacific
- > California
- > California - South
- > San Diego
- > San Diego
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