Monmouth County, NJ Entertainment and Recreation Businesses For Sale

Entertainment and RecreationNew JerseyMonmouth

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Gentlemen's Club
$495,000Seller Financing
Gentlemen's Club

Monmouth County, NJ

New, recently opened this ultra-modern Gentlemen’s Club located on a highly active state highway of Monmouth County, New Jersey. This beautifully well designed 3,000 square foot facility is fully equipped with state-of-the-art equipment, and a customer capacity for one hundred patrons. The business is fully licensed for live adult entertainment and has a valuable consumption liquor license which is part of the sale transaction. The sale also includes a long term assignable commercial lease at a reasonable fair rent cost. The club projects a substantial weekly gross income to the onsite. owner operator. The business is active seven days per week, with hours from 4:00 pm to 2:00 am. The business has an assignable commercial lease which expires 2027-01-01 plus additional options, with a monthly rent of $3,700 and rent security $6,000. Regarding gross sales, the business has recently been opened and projects a yearly income of approximately $750,000 yearly, with all the required amenities and based with an onsite owner operator, opened full time prior to debt service. The business has been valued priced at $495,000 based on a multiple of the projected net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment. This is a most unusual business opportunity and based on the asking price, required down payment and projected yearly net income, this business expect to supply a substantial investment return to the owner operator prior to debt service.

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