Business Details

48 License bar with topless dancing

Location : Orange County

Type of Business : 48 License bar with topless dancing
In-Escrow

Asking Price: $365,000
Inventory: $15,000

Gross Sales: $48,000

Summary of Business

48 license bar with topless dancing. One of the few bars in Orange County with an “Adult Cabaret” License. First time for sale in over 30 years. This business has been a big money maker for the owner. Very little marketing or advertisement. Consistent loyal clientele. Known for a fun time, offering a good show with good drinks. Full bar with a lot of high-end liquor, 8 beers on tap. Big walk-in cooler with an easy reach-in access door from the bar. Good sound system with customizable lighting for the stage. Ample dressing room and office. Big outdoor smoking patio. Signage can be seen from the street. Private parking and easy access to the freeway. Owner has management in place to oversee the operation. Semi-absentee run. 

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Other Details

Reason for Sale: Retire

Income

Gross Yearly Sales: $48,000
Adjusted Yearly Net Profit: $Call

Rent

Total Rent: $42,241,600
NNN: $included in rent
Options: 0
Sq. Ft: 1,800
Occupancy: 72

Employees

Number of Employees: 10
Full time: 10
Part time: 5
Hours of Operation: 2PM to 2AM Payroll: $10,333

Expenses

Insurance: $1,074 per year
Electric: $988 (all utilities included)
Trash: $167

Additional Details

Year Established: 2001


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