West Side Indy Gentleman's Club, with Real Estate

Listing ID:
INDIAIN001-N1171

Indianapolis, Indiana, United States

Drinking Places (Alcoholic Beverages)

Listing Status: Active

Sunbelt of Indianapolis

View all listings from this office
Phone: (317) 573-2100
Fax: (317) 573-2111

The following broker is assigned to this listing:

Larry Battershell

lbattershell@sunbeltindiana.com
Cell: 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