CONFIDENTIAL PROFILE
442800200
Location: Broward County   Adult Club/ Sports Bar
Gross Sales: n/a     Recast earnings* (Owner Benefit): n/a
Executive Summary
       
Adult Sports/ Bar Night Club w/ Entertainers. Cinderella has been neglected because of her Step Sisters! Owner has three clubs and this one not receiving the attention it deserves. Free standing building with lots of parking. Beautifully equipped full kitchen with walk-in cooler and freezer. 8 Plasma TV's, 2 large screen TV's. 3 Pool Tables. Lounge areas, 2 bars and buffet area, DJ Booth and lighting for bands.
Other Highlights
       
+6000 sq ft CBS free standing building. Well maintained with parking for 100 cars. 38 year lease.
Business Synopsis
 
Asset Information (estimated fair market value)
Established in: 1987 Inventory: $ 10,000
Employees: 15 PT/ 1 MGR Furniture, Fixtures & Equipment: $ 110,000
Facilities: +6000 sq ft Real Estate: Leased
Business Format: "S" Total Assets $ 110,000
Operating History
         
Year
Gross Sales
Gross Profit
Adjusted Earnings (Owner Benefit)*
2006
$ 836,524
$ 759,844
$ 571,972
(*) Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
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