strip clubs without extras
How do these places exist and make money?The very first time I went to a strip club as a finance undergrad in college I just assumed you could have sex with the strippers. Which was/is true.
I'm just puzzled as to how a non extras club makes any money? Does anyone actually go to a strip club and like leaving with blue balls?
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Not every club patron goes in with the same expectations as you. If my only goal is to spend X for a half hour of intimacy with a woman I am going to a massage parlor.
I do concur though, the finest dancers are at non-extras clubs like Christie's in Tempe. Wow. Sometimes I go in just to check out the finest babes in the valley. I don't stay long though.
Clubs make their money by the numbers. They charge cover charges. They charge dancers fees. They charge high prices for beer and everything else unless they are trying to lure more customers into their club. Busy strip clubs easily make a lot of money with no visible sex or extras taking place. Behind closed doors,who knows what the guy willing to blow hundreds or thousands is doing? only LMN knows.
You've obviously never been to DC
Quite obviously, location determines competition and competition determines survival. Thus in the land of the modest, the skimpy outfit is titillating and a non-extras strip club is even more erotic.
However, in some areas of the country (e.g., Miami, Detroit), non-extras clubs have a special name: out of business.
Others on-extras clubs offered with a fair amount of OTC action. Christies in Cleveland over a decade ago was very good for this. It tried to be upscale too, and sometimes it came close, but most of the time it failed. Still it for several years it was a good place for OTC offers from fairly hot dancers.
In business, I always use healthy amounts of debt to mitigate shareholder risk and allow liqudity in the business and promote growth.
Remember, I'm in private equity in the tech sector. We sell companies that aren't profitable at over 30x revenue. Think about their ratios lol.