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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale Categories   >>   

Adult Club Business For Sale, Bar Business For Sale, Bar Restaurant Business For Sale, Brew Pub Business For Sale, Gentleman Club Business For Sale, Irish Pub Business For Sale, Night Club Business For Sale, Pub Business For Sale, Sports Bar Business For Sale, Strip Club Business For Sale, Tavern Business For Sale

Adult Club & Property

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $800000
Net Profit / Cash Flow  $170000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1965
Number of Employees  20 - 34
Inventory  $275,000 equipment & $5,000 inventory.
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  The seller will remain after closing and supply an appropriate transitional period.
Reason for Sale  Owner financing is available for qualified buyers.
Description  Long standing highly successful adult club located in Northern New Jersey Essex County. The business produces a yearly gross income of $800,000 and a consistent net income to the owner operator. The building square footage is 1,800 square feet, consisting of one level and an indoor capacity for 100 customers. The facility has municipal parking nearby to the business. The sale includes a commercial kitchen, stage, tables chairs, and various equipment that is required to maintain this business. The sale also includes the business assets, liquor license and real estate. The facility has recently been fully upgraded with a wonderful atmosphere and a modern image. This retail business requires bar attendants, managers and assistants and the staff is unaware of the pending sale and fully expected to remain post closing. The business is operational seven days weekly with hours from 4:30 pm to 2:00 am. The club is located in a major urban area of Northern New Jersey and is convenient to all major highways. The facility consists of 1,800 square feet with a large Lounge area, full kitchen, modern bathrooms, full basement and a second floor separate rental apartment unit. Located in the Heart of Newark and blocks from the new sports facility. This is a major urban city with a large population and a huge number of daily workers.
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