BiggerPockets

Description:

Adult Club for sale
Background- this club has been in existence for almost three years, and under current management for the last two.

The location is ideal, the staff is in place, and the market is virtually untapped. Why? Because the current owners want out, and have never been able to decide to put the money in to really bring this club up to international standards. It is a beautiful, brand new venue and has capacity for over 100 people. It is literally a potential gold mine, but due to internal bickering and the nuances of trying to run a business from abroad, this club has never reached it’s true potential.

This is an excellent opportunity to take over, completely turn-key, an adult venue less than 4 miles from the center of one of the most dynamic cities in Latin America- Panama. The sex industry is alive and well in Panama, and will literally explode once the next government administration takes over power in July.

The business has all of the licenses required to operate a strip club/massage parlor in Panama, including the sex on premises license, liquor license, and club nocturne license. All permits and leases are perpetual and come with the transfer of the club.

Right now there are only 11 girls working, and business hours are 8:30pm-4:30am. The club has a bar, stage, and six private rooms including a fetish room and shower room. The area is very safe, tourist friendly, and accessible. The girls are on 9 month contracts- 7 Colombians and 4 local girls.

To Europeans and North Americans either living in Panama or on holiday, this club is unknown. Ownership has never committed to any kind of marketing budget, and the girls have been sub par. This is an amazing opportunity to bring in some hot girls, spend some money on marketing, and turn this club into a gold mine.