Adult club with real estate

Asking Price$4,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Adult club with real estate


Asking Price$4,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Masari Executive Club is the only adult club located in Downtown Cleveland, Ohio. In 2024, a $2,000,000 renovation was completed, and it shows. Public parking lots are located both next door and across the street, and valet parking is approved. Sherwin Williams’ $860 million headquarters is just steps away. An ambitious $100 million development is breaking ground directly across the street with 275 residential apartments together with mixed-use retail space. Masari is walkable to The Jack Casino, Cleveland Cavaliers Basketball Stadium, Cleveland Guardians Baseball Stadium, Huntington Convention Center, and East Bank of the Flats Waterfront Entertainment District. Honestly, locations do not get any better than this!
About the Business
Years in Operation
1
Employees
15 Full-time
Facilities & Assets
Masari is a topless club serving full alcohol untl 2:30 am daily. Its usage has been grandfathered since 1980. The club is allowed to remain open until 5:30 am without acohol service after 2:30. No dance cards are necessary making hiring a breeze. A new kitchen was installed, plumbing was replaced, electrical was upgraded, three new AC units were installed, lighting, sound, tables, booths, bars, VIP rooms, and 60 new TVs. Everything has been renovated and upgraded from top to bottom. There are 4600 square feet on the main floor of the club with an additional 1000 square feet on the mezzanine level including a spectacular skybox. There is also an additional 1000 square feet for the DJ and girls locker room on the mezzanine level. The atmosphere at Masari is elevated in every possible way and the location could not be better.
Market Outlook / Competition
none
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
relocating
Transition Support
available
Financing Options
Seller fnncing may be available to an industry qualified buyer
Listing Info
ID
2540320
Listing Views
15

Listing ID: 2540320 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.