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.
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