Phoenix Topless Adult Club with Liquor

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Asking Price:
$500,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Unfinished adult club for sale just west of scottsdale area of phoenix on busy commercial area and highway.

Owner has secured a series 6 license, and location is grandfathered.

List of ffe to be included in sale.

Estimate is low of $20k to finish out to as high as $40-50k

owner has a hard to get series 6 license for liquor, beer, and wine

owner financing possible for suitable purchaser

1 of the 27 licensed strip club w\liquor license in az

2438 east mcdowell road, phoenix, az

4100 sf, with potential to expand for kitchen space next door.

This location is to the east side of phoenix, near scottsdale. It is the arcadia area itself.

This is one of only 27 entertainment licenses issued by the state of arizona with a series 6 liquor license. Series 6 license covers liquor, beer, wine

zoning: property is zoned c2. The strip club is grandfathered in the city of phoenix, az.

This is a recently, partially remodeled club. Finish out could take as little as $20k to as much as you would want to spend. See pictures.

HVAC, bathrooms, electrical are finished.

Lighting, sound and amps, more chairs and tables to finish room out, lockers for dressing room (this club could comfortably handle 20-40 entertainers.

It is a little over a mile away from 2 major highways. The strip club is next door to a pepboys automotive shop.

You can see the intersection of mcdowell & 24th street from standing in front of the club (very busy intersection). You are few miles from the biltmore/arcadia area.

Approximately 50 parking spots available between front and back of building.

Lease is locked in for $1.00 per foot (approximately) till 2038. 3% increases per year. Club is about 4100 sq ft. The average strip club with a series 6 license goes from anywhere from $2.00 to $3.00 per foot. It’s an excellent opportunity for the right person.

Owner will do a seller carry back (with a reasonable down payment)

Sale price: $500,000

About the Business

Location:
Phoenix, Arizona
Year Established:
2017
Real Estate:
Leased
Building Sq. Ft.:
4,100
Rent:
$4,100.00 Per Month
Lease Expiration:
1/1/2038
Facilities:
on corner of building with parking in front and at rear.
Market Outlook/
Competition:
There is competition in the area, but this is located to the EAST side, just WEST of Scottsdale.
Growth & Expansion:
Expansion possible to have food service at location.
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
Seller will assist through applications processes
Seller Financing:
For Suitable Buyer

Listing Info

ID:
1621574
Ad Detail Views:
0

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H Winston Hines

HWH Properties

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