Adult Night Club Hotel Casino & Sportsbook

Miguel Rodriguez
La Romana/Dominican Republic
27127489
Food & Beverage: Bars, Clubs, Nightspots
$1,750,000
2006
30
$1,570,041
$697,402
$NA
$697,402
$NA
Not Disclosed
Not Disclosed
 

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Reason for Selling:

Retiring

 

Overview of the Business:

Adult Entertainment complex Klimax Night Club Hotel and Casino Sportsbook the largest such facility in the Dominican Republic. The business is located in La Romana 10 minutes away from World famous www.casadecampo.com.do and 15 minutes away from La Romana International Airport. The business model of the Night Club with 75 girls/exotic dancers, sportsbook and the total square feet approximately 25,000 including the Hotel, Casino, Night, Club, Restaurant, Beauty Salon, and pool with approximately 2 acres of land. Business is fully licensed. The Casino is licensed for Sportsbook and all machine games including Blackjack, Roulette, Slots, Poker etc.Plenty of room for expansion. There are 32 rooms in the hotel with room to add many more. The property is owned free and clear, no mortgages. It is a CASH COW! All staff will stay in place if new buyer wishes. The Gentleman’s Club has a total of 5 Bar's, 1 Tiki Bar outside by the pool, 1 inside the club, 1 inside the Casino, and 2 in the performance arena along with the entertainment stage. Appraised at $3,000,000 for sale at $1,750,000 or exchange for beachfront property. The reason that I have chosen to sell my business is that I'm retiring -- perfect business opportunity for the right buyer!!

 

Property Features and Assets:

Total square foot approximately 25,000 and 2 acres of land located in La Romana/Dominican Republic. Including facilities are: Hotel, Casino, Sportsbook, Nightclub, Restaurant, pool, and Beauty Salon.

 

Market Competition and Expansion:

The Adult Entertainment Complex virtually has no competition it caters to a very affluent clientele from Casa de Campo along with the business owners in La Romana.The Casino and Sportsbook and the Entertainment stadium does not exist anywhere on the Island. There is no competition in the area. The closest casino is a 1 hour drive and none have the business model with the Gentleman’s club.

 

Additional Details: