Price Reduced Highly Profitable Benalmadena Lap Dancing Club For Sale

Business description

This extremely well known Lap Dancing club has been established for many years, it is situated in one of the busiest late night areas along the coast. A highly profitable venue which nets around 30-35% of what can only be described as a very high turnover.

The 230 sq mtr interior has been completely upgraded and well designed to include six separate seating areas all of which can be curtained off for groups, a VIP area with stage and pole, a large bar area with a dance floor and multiple dance poles and a raised platform and a further five private cabins for one to one shows. A private changing room, two gents and one ladies restroom and a currently unused kitchen rounds of the interior. There is a 30 mtr terrace for those who wish to cool off.

The décor is excellent, not at all “seedy” and is complimented by high quality leather furnishings.

There has been a complete professional lighting system installed which is linked to an integrated music system with full surround sound.

The current staff of five includes the owner, two security personnel and two bar tenders, there are up to ten self employed girls who work between 10am and 5am daily.

The business premises have been completely sound proofed so there is no restriction on noise.

The business has a full music license which allows music to be played through until 5am.

An additional income stream is a very profitable pool table which cancels out a number of operating costs.

The club has a strong regular client base from the local community and is first on the list of nightspots for the many stag party weekends throughout the year, even hen parties are regular occurrences.

The current owner is in his fifth year at the club and needs to change to a day job for family reasons.

The business is extremely healthy and generates a superb income, two or even three partners could live very comfortably on the net earnings.

The rent on the premises has been set at 2,500 Euros per month, the lease being offered is for ten years.

The asking price of 156,750 Euros should be considered a bargain for such a profitable business, your full initial investment will be recouped in your second year.

Property information

Real Estate:

Lease

Lease terms:

Ten Years

Leasehold rent:

€30,000 per annum

Living accommodation:

We can assist in finding suitable accomodation within your budget requirements

Location:

Excellent, one of the busiest nitelife areas on the coast

Premises details:

High Quality throughout,

Other information

Expansion potential:

There is still room for this business to grow, offering specific groups in the area meet and greet nights could be a real winner.

Competition / Market:

There is no similar business in the town or area

Trading hours:

10 pm - 5 am