Adult Entertainment Club / Business & Real Estate

Reference Code 0440

This is a great opportunity to own a long-established Adult Entertainment Club in Lansing/Ingham County. Established since 1983, this recently remodeled club has occupancy for 300 patrons and features female dancers, full alcoholic beverages, located in a sprawling 11,275 square foot free standing building on a highly traveled road surrounded by plenty of residential and commercial properties. Recent upgrades include New Roof, 5 HVAC units, Carpet, Furniture, Digital Sound System, Booths, Paint and so more. Very little competition in the surrounding area! New State-of-the-art, all digital sound system avoids having a live DJ! Separate 1,500 square room not being utilized and can be used for any option. Current owner runs the business absentee and does not advertiseā€¦a new owner/operator with some creative advertising/marketing along with opening Mondays & Tuesdays, adding a kitchen with full menu, opening for lunches, running daily specials along with hiring a promoter, you have HUGE potential. Original owner since 1983 and ready to retire! A must see/must have business that will not disappoint! Turnkey operation only needing a new owner/operator. Seller will train!

NOTE: This business offering is highly confidential and will only be disclosed with signed Confidentiality Agreement and proof of funds.

Business Location Ingham County, MI
Gross Sales Asset Sale Cash Flow TBD Business Price $2,200,000 Down Payment $500,000 Monthly Payment $12,179.33 Interest Rate / Amortization 6% int., amortized over 240 months License Required Sales, Class C, Sunday Sales, Take-Out Inventory Value $12,000 Employees Full Time 7 Date Established 1983 Hours of Operation Wed-Sun / 7pm-2am Rent Negotiable Lease Period New Lease Required Real Estate Included in Business Price Reason for Sale Retirement


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