Industry Analysis & Industry Trends
Strip clubs enjoy relatively constant demand. Although changes in consumer spending (per capita disposable income) and behavior (smoking and drinking) can create year-to-year fluctuations in strip club revenue, demand for the industry as a whole persists over time. Despite recession-induced dips early in the period, IBISWorld expects overall revenue to increase during the five years to 2012, and revenue is expected to grow through 2017 on the back of renewed consumer spending and pent-up demand.... purchase to read more
Industry Report - Industry Products Chapter
While the entertainment offered at strip clubs is unique to the industry, many firms' primary products are consistent with those of the hospitality sector as a whole. Strip clubs generate a large portion of revenue from the sale of food and alcoholic beverages and often charge entry fees. Many high-end clubs also offer wealthy patrons private VIP tables and rooms. As the industry's product range is indicative of the general business model of most strip clubs, no specific product segment is expected to meaningfully change its percentage of industry revenue over the next five years.
The sale of alcoholic beverages accounts for an estimated 29.7% of industry revenue... purchase to read more