TITLE:
Sugar Daddy's Gentleman's Club
CONTROL:
Owner
VALUE:
$2,000,000
LOAN:
$0
EQUITY:
$2,000,000
TYPE:
Business Opportunity
HAVE:
Long standing established all cash high volume business. Collaborative use could be private parties or a nightclub. Includes an extra acre of land. This is situated on Hwy. #10 a busy four lane corridor. Extra heavy traffic flows during vacation season.
ADDRESS:
500 66th St. NW, Sauk Rapids, Minnesota
BENEFITS TO NEW OWNER:
It's hard to get a license for totally nude dancers anymore.
Extra acre of land to rent or sell.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$30,000
NOI:
$-30,000
DEBT SERVICE:
$0
CASH FLOW:
$-30,000
CAP RATE:
0.00%
BENEFITS SOUGHT:
Cash, Retail locations in La Crosse, Des Moines, Sioux Falls
Possible property in the Destin FL. area.
CAN ADD:
Cash
REMARKS:
Iconic all Nude Strip Club. Includes business, building, land, FF&E. Profitable for over 25 years. No liquor 18 plus. Light food (pizza). Staff stays. Strong repeat clientele, recognized regional presence. Zoning allows continued adult entertainment use.
COUNSELOR:
Kevin Goettl
RE/MAX Results
15451 Founders Ln.
Apple Valley, , 55124
Phone: 6515004720
