Revenue in the Strip Clubs industry that gentlemen’s club is a part of is forecast to have decreased 17.4 percent in 2020 and is anticipated to decrease 1.5 percent in 2022. In a non-COVID-19 (coronavirus) environment, the industry is forecast to grow.

1. Sources of Income

  • Music and Dance (performance by strippers)
  • Hall Rental Services for Parties
  • Sale of alcoholic and non alcoholic drinks, beverages, spirits, tobaccos, cigars, snacks et al.
  • Membership fee.

Our Membership fee will cost $50,000 for the start and then a $15,000 annual fee.

2. Startup Capital for a Strip Club

Crystal Adult® Entertainment Center, Inc. would need an estimate of $350,000 to successfully set up a strip club in the United States of America. Please note that this amount includes the salaries of all the staff for the first month of operation.

3. Cost Involved

  • Business Registration Fees – $750.
  • Legal expenses for obtaining licenses and permits – $7,300.
  • Marketing, Branding and Promotions – $5,000.
  • Business Consultant Fee – $2,500.
  • Insurance – $5,400.
  • Rent/Lease – $180,000.
  • Other start-up expenses including, commercial satellite TV subscriptions, stationery ($500), and phone and utility deposits ($2,800).
  • Operational Cost (salaries of employees, payments of bills et al) – $40,000
  • start-up inventory – $15,000
  • Counter area equipment (countertop, sink, ice machine, etc.) – $9,500
  • Store Equipment (cash register, security, ventilation, signage) – $4,750
  • Furnishing and Equipping – $40,000
  • Website: $600
  • Opening party: $3,000
  • Miscellaneous: $2,000

4. Ongoing Expenses for Running a Strip Club

  • Cost of stocking up supplies such as alcoholic and non-alcoholic drinks, beverages, tobaccos, and cigars et al
  • Cost of toiletries
  • Cost of food supplies and ingredients
  • Utility bills (gas, internet, phone bills, signage and sewage et al)
  • Salaries of employees
5. Salary of your Staff Salary
  • Chief Executive Officer (Owner) – $65,000 per year
  • Club (Bar Manager) – $50,500 per year
  • Bartender (Baristas) – $25,580 per year
  • Accountants (Cashiers) – $35,000 per year
  • Disc Jockey (DJ) – $31,990 per year
  • Strippers – $32,000
  • Greeters/Customer Service Agent/Table Attendant – $23,396 per year
  • Cleaners – $18,000 per year
  • Security Officers – $21,150 per year.

6. Source of Funding

  • Raise money from personal savings and sale of personal stocks and properties
  • Raise money from investors and business partners
  • Sell shares to interested investors
  • Apply for a loan from your bank/banks
  • Apply for business grants and seed funding from, government, donor organizations, and angel investors
  • Source for soft loans from your family members and your friends.

Financial Projection

1. Our Service Charge

Aside from our membership fee, Crystal Adult® Entertainment Center, Inc. will charge patrons based on the industry standards in the United States. There is often a flat fee of $20 to $150 for a regular day, or say $400 for an event night.

2. Sales Forecast

  • First Fiscal Year (FY1): $350,000
  • Second Fiscal Year (FY2): $750,000
  • Third Fiscal Year (FY3): $1.2 million

3. Estimated Profit 

Crystal Adult® Entertainment Center, Inc. are projecting to make;

  • First Fiscal Year (FY1): $175,000 (50% of revenue generated)
  • Second Fiscal Year (FY2): $337,000 (45% of revenue generated)
  • Third Fiscal Year (FY3): $540,000 (45% of revenue generated)
4. Estimated Profit Margin

The profit margin of a strip club business is not fixed. It could range from 35 to 65 percent depending on the type and brand of products retailed in the club.