Good suggestions so far, people. Thanks.
Its definitely not going to be a strip club, but more of an dance club. You know, the after 10 PM Friday, Saturday, Wednesday-Ladies Night type of place. I think we're willing to throw around some other ideas as well to keep it from being one-dimensional.
Another one of my partners envisions just a gathering place for people to meet up, shoot some pool, or to just have fun. He also expressed a desire to draw a lunchtime crowd as well. Honestly, I don't know what's going to happen.
Whether it ends up as a night club, lounge or whatever, keep up with the great suggestions. There's definitely some here that I'll propose.