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Honestly, for constant income producing businesses I strongly suggest real estate (office buildings, self-storage, apartment complexes).
Though, I doubt $150k will cut it really. Though, you can find properties for that little, but still it'd be tough to make decent cash from it. If you had a million (including loans, etc) then you can get something good.
I wouldn't consider franchise opportunities really. Too much hassle. Especially if you hope to continue in the adult business (ie: be an absentee owner of the non-adult business).
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