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West Side Indy Gentleman's Club, with Real Estate
INDIAIN001-N1171
The following broker is assigned to this listing:
Larry Battershell
lbattershell@sunbeltindiana.comCell: 317-908-9550
Description
Located close to the track, this gentleman’s club has been established over 20 years. It is housed in a 4,050 square foot freestanding building on 1.03 acres of land. It easily seats 98 and has parking for over 100 cars. There is a sound and light system and a large stage. It has a nice bar that offers draft beer. The pool tables and juke box are owned. There is a new roof, cooler and furnace.
Smoking is allowed but there is no kitchen. The club carries a 3‐way 210 liquor license. The asking price includes business and real estate. Inventory of $8,500 is not included in the asking price. The Real Estate is owned by the Seller. The facility is approximately 4,050 sq. ft. on 1.03 acres of land.
Financials
| Asking Price: | $1,000,000 |
|---|---|
| Revenue: | $286,000 |
| Cash Flow: | ON REQUEST |
| Downpayment: | NEGOTIABLE |
| Monthly Payroll: | $0 |
| FF&E Asking Price: | $75,000 (Included in Asking Price) |
| Inventory Asking Price: | $8,500 |
| Financing Available? | Yes |
Property
| Asking Price: | $600,000 (Included in Asking Price) |
|---|---|
| Building Size: | 4,050 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1945 |
| Year Acquired: | 1989 |
| Full-Time Employees: | 4 |
| Part-Time Employees: | N/A |
| Reason For Sale: | Retirement |