Adult Entertainment Club / Business & Real Estate

Reference Code 0597

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 Lansing/Ingham County, MI
Gross Sales Asset Sale Cash Flow TBD Business Price $1,995,000 (Bus & Property) Down Payment $500,000 Monthly Payment $11,590.72 Interest Rate / Amortization 7% int., amortized over 240 months, balloon due in 84 months License Required Sales, Class C, Sunday Sales, Take-Out Inventory Value $10,000 Employees Full Time 7 Date Established 1983 Hours of Operation Wed-Sun / 7pm-2am Real Estate Included in Business Price Reason for Sale Retirement


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