A long-established, licensed gentlemen’s club and full-service bar in the Greater Boston area, open every night under a type of license that municipalities in the region rarely grant. The business has operated continuously at the same address for decades and is run day to day by two full-time managers.
Business Overview
Revenue comes in roughly equal parts from entertainment (cover charges, entertainer fees and private entertainment) and from the bar (full liquor, beer and wine service, plus VIP bottle service). Customers come mostly through word of mouth and the venue’s long-standing reputation, so marketing, talent, events and systems all offer direct levers for an active owner.
The Real Estate
The building and land are held by a separate entity and are not part of the business price. A buyer may purchase the property at its appraised value or lease it on long-term terms.
Reason for Sale
The owners are pursuing other investment opportunities. Both will support the new owner for up to one year after closing and will sign a non-compete.
Confidential offering materials, including four years of financial results and the Adjusted Owner Earnings bridge, are released to financially qualified buyers under NDA through a secure, watermarked data room.
