Purchased it for $400,000 in 2003.
I wonder how much of the note was paid off? Wonder who's holding the note? Wonder what loan officer thought it was a good risk?
From the comments section "... Had this story on one of our local radio stations about a week ago noting that the club was blaming internet porn for it's failure.
They also mentioned that the club employed a "sex positive" approach to it's hiring,sex positive is according to the story was they didn't discriminate on age,looks,weight,etc..."