America’s Premier Business Exit & Acquisition Consulting Firm

Entertainment & Recreation

Adult Entertainment Venue Featuring Protected Zoning and Institutional Grade Operations

This high-volume entertainment venue in Monroe County, Indiana, operates with a rare regulatory moat that effectively limits local competition. The business benefits from a significant university-driven economic engine, ensuring consistent, predictable seasonal revenue surges. With over 30 years of operational history, the venue features a fully absentee management structure that allows the current owner to maintain a minimal 15-20 hour work week focusing solely on administrative oversight. Included in the sale is a highly valuable, transferable 3-way liquor license and the owned commercial real estate. This asset is perfectly positioned for an institutional buyer to leverage current infrastructure and maximize growth.

Monroe County, IN

ASKING PRICE$1,600,000
GROSS REVENUE$700,000
CASH FLOW$260,000
SELLER FINANCINGYes

Business summary

Asking price$1,600,000
Gross annual revenue$700,000
Cash flow$260,000
Seller financingYes
Real estateOwned – included in asking price

About this opportunity

Situated within a high-demand university town, this entertainment venue represents a premier opportunity for an operator to acquire a business with a distinct regulatory advantage. Due to restrictive municipal zoning, the establishment holds a localized monopoly, operating in one of the few locations where such activities are legally permitted. This protected status provides a formidable barrier to entry that ensures the business remains a centerpiece of the local nightlife industry.

The operation is a testament to sophisticated, hands-off management. With a dedicated general manager handling all daily staff scheduling, service protocols, and client relations, the current ownership maintains a minimal operational footprint, focusing only on high-level bookkeeping and macro-administrative tasks. This infrastructure is fully optimized for a seamless handoff to a new owner or an existing hospitality group looking to fold a high-cash-flow asset into a larger portfolio.

  • Exclusive regulatory positioning with a near-total localized zoning monopoly.
  • Fully absentee-managed daily operations with a proven, long-term general manager.
  • Includes a premium 3-way liquor license, valued at $350,000, and all necessary FF&E.
  • Significant unutilized physical space on the owned real estate allows for immediate capacity expansion.
  • Massive built-in consumer base driven by a major university demographic.

The sale includes both the business entity and the owned commercial property, though flexible transaction structures such as a long-term leaseback may be considered for the right buyer. The facility is fully equipped with advanced audio-visual, lighting, and bar infrastructure, requiring no additional capital injection to maintain current performance levels. Please sign the NDA to receive comprehensive financial details and further confidential information regarding this acquisition.

Next steps

Complete the inquiry form. You will receive the NDA by email; once it is signed, an NIN account manager will reach out to you directly, and additional business information is provided through that conversation.

Request information

Leave your full name and email and a non-disclosure agreement for this business arrives in your inbox. Once it's signed, an NIN account manager follows up with the confidential details.

The NDA comes first; nothing confidential is shared until it's signed.