MergerPlace

Adult Entertainment Club

Montana


  • Asking Price: $1,665,000
  • Gross Income: $855,867
  • Cash Flow: $131,871
  • Real Estate: Not Disclosed
  • Inventory: $14,000
  • FF&E: $37,705
  • Listing ID: #214963
  • Established: 1972
  • Employees: 1 FT/ 8 PT

Business Description

This business is a premier Adult Entertainment Club & Casino with Real Estate. Very well established, this company has an experienced staff and excellent location. A coveted Montana All-Alcoholic Beverages liquor and gaming license is included. Buyer must qualify financially to view business information. Live the Dream in Montana!!


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Montana

Company Information

Year Established: 1972
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/ 8 PT

Financial Information

Asking Price: $1,665,000
Gross Revenue: $855,867
Cash Flow: $131,871
FF&E: $37,705
Inventory: $14,000
Seller Financing Available: No

Property Information

Facilities:

The Real Estate is offered for sale and is included in the asking price. Updated and maintained with a security system in place. Large parking lot.

Growth & expansion opportunities:

With the recent US Supreme Court decision allowing sports betting, the State of Montana became the ninth US state to legalize sports betting providing a huge potential for untouched expansion. In May, 2019, Montana Governor Steve Bullock signed a bill allowing the state’s current lottery provider to offer the new betting services. Since gambling licenses are tied up with liquor licenses in Montana, this will allow bars to offer sports betting via lottery kiosks or on-site-only sports betting apps. Additional marketing and advertising.

Competition:

The business has some direct competition for beverage, but sets itself apart because of the adult entertainment atmosphere. The Owner has paid attention to the club, makes ongoing improvements and caters to their customers.

Reason for selling:

Retirement

Support & Training:

Will train for 8 weeks @ no cost. New Owner will have to qualify with the State of Montana for the liquor and gaming license.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Shawn Miller

Murphy Business Brokers