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Businesses For Sale > Business For Sale in Essex County, New Jersey (NJ)
Big Name Adult Club for sale in Essex County, NJ
Essex County, New Jersey (NJ)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 3,400,000 |
$ 1,560,000 |
$ 984,000 |
Furniture and Fixtures Value:
$ 350,000 (included in the asking price)
Inventory Value:
$ 40,000 (not included in the asking price)
Real Estate:
$ 1,000,000 (included in the asking price)
Business Summary:
Established three plus years and sales are still going higher. This upscale adult entertainment club is being sold with real estate and cabaret license valued at $1,000,000 – Fabulous entertainment BAR. Building has lap-rooms in rear where house gets a cut. Dancers pay to perform 20 to 30 entertainers every day depending on the day. Parking available for 50 cars in lots (30 car lot goes with sale). From the outside a buyer cannot conceive of the enchantment inside. Food is only 2% of gross sales. The building includes a kitchen. Place works at 15% cost factor for food and beverage; plus income for rates of rear lap rooms. Income from talk rooms divided by entertainers and house (great web site). Place is known throughout Metro Area with a lot of “PLAYERS” congregating there. Cabaret license is spotless with no marks on it. Establishment enforces rules that are posted about; place has a clean reputation. Geared for any type of ownership, good and clean fun can be had here. Area where establishment is located is safe night and day. Owners have a great and respected reputation in the entertainment field as a lot of other clubs are imitating there lead in setting up appreciated clean entertainment in the adult gentlemen’s club business. For further information, please contact 908-851-9040 Ext. 285.
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| Year
Business was Established: 2006 |
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| Number of Employees:
18 |
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| Facilities / Terms of Lease:
$350,000 interior furnishing and build go with the sale of this well known go/go parking for 50 cars, building valued at 1 mil/liq. lic. value 1 mil go with sale – condition of all equipment kept in constant shape. |
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| Potential
Growth/Expansion:
Keep it going the way it is run presently and volume will continue to increase |
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| Competition:
This is the place to go to see go/go entertainment, place pulls from all areas and is located in very safe area with parking. |
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| Owner
willing to finance:
Owner would accept $1,100,000 of financing with terms negotiable |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Owner is tired of business looking for other investments |
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Seller Reference Number: 3923vm
BusinessMart.com Listing Number: 65871 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
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