The historic and world famous Chicken Ranch brothel, the closest legal, licensed brothel to Las Vegas, NV, today placed a “For Sale” sign on the legendary brothel which is located less than a one hour drive from “The Tourist Capital of the World”. The current ownership, which has operated the colorful brothel since 1982, has set a price of $4.5 million for the business, facility and various other assets.
Founded in 1844 in La Grange, TX, the legendary Chicken Ranch became internationally renowned as the subject of both the theatrical production and motion picture, “The Best Little Whorehouse in Texas.” In the early 1970’s; the brothel was forced to close and it then relocated to Nye County, NV – where prostitution and brothels are legal and licensed.
The Chicken Ranch is located on 40 acres and the facility contains a living room, kitchen and “working girls” bedrooms as well as an attached bar. Other facilities on the property include guest bungalows, offices, pool and spa, workout rooms and storage. All furniture, furnishings, equipment and inventory will be included in the sale. The purchase also includes other potential revenue streams to include the Chicken Ranch Trade Name, Trademarks and Copyrights and internet websites.
Commenting on the sale, Kenneth Green, an owner and the real estate broker handling the sale, commented: “This is an excellent business and investment opportunity. The buyer will acquire a profitable, long established, high profile business that is a world famous entity located near ‘The Tourist Capital of the World.’ The buyer will obtain a ‘turn-key’ operation that comes fully equipped with an experienced staff, an established customer base and great growth potential.” He stressed that the cash flow, depreciation value and privileged brothel license make it an excellent investment and noted that the buyer will enjoy an immediate positive cash flow.