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Gentleman's Club For Sale In Spain
Location Spain
Asking Price Range $500K - $1.0M
Gross Revenues $700000
Net Profit / Cash Flow $286000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Owner willing to offer support for up to 6 months.
Reason for Sale Captial required for other business interests.
Description This gentlemans club for sale is located in the beach resort of Mojacar, Almeria, Spain and is a frontline property only 50m from the beach. It was fully refurbished to the highest standards in 2007 and meets all current European Legislation. The club is fully licensed and holds a music entertainments license (very difficult to obtain in Spain). The club operates on two floors totaling 4,500 sq ft. It comprises of a main show bar complete with stage, a VIP lounge bar, 3 private striptease dance booths , 5 private en-suite bedrooms, and 1 private VIP suite complete with jacuzzi. The Club operates with between 20 -25 self employed dancers/hostesses.
This club is the only club of its type in the Mojacar area and enjoys trade all year round from the locals which comprises of both Spanish and a large ex-pat from all European countries. During the holiday season (April to September) the resort attracts visitors from all over the world which naturally increases trade within the club. The club is leased with a rental of 45,000 euros per annum and hold a 5 yearly renewable lease. The lease is for sale for 450,000 euros and includes stock and all fixtures and fittings. The landlord is willing to consider the sale of the property which is subject to negotiation, Investment for a percentage shareholding of up to 50% will also be considered by the current owners.
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