I have a question along the topic of "If the club reopened in some form or fashion".
I believe that quite a few of the avid AC fans here were regular attendees, either weekly or nightly ( I know that there were nightly attendees that lived local as they were referred to at the club on occasion but not sure if anyone here were locals). My question is that considering that the club obviously was closed because it was not profitable or profitable enough for Disney to run, if the club were to reopen in some form or fashion in a manner that it was profitable (either cover charge, dinner show venue along the lines of Hoop De Doo, or some other hard ticket entry fee) would that satisfy those who want the club reopened?
Your argument is invalid. The AC made a modest profit (former VP Kevin Lansberry admitted this in the
Sentinel at one point, and I've heard the same from bartenders, managers, door hosts, security...). It was also an integral part of PI, which as a whole made insane profits.
TDO thought that high end restaurants would be willing to lease the club spaces for $1 million a year plus 1/3 of their gross. This was stupid. It shows a fundamental lack of understanding of the Orlando area, WDW's market, and the restaurant business in general. Indeed, by closing the clubs, TDO destroyed what value the already empty buildings did have.
Disney rents were too high for the market--restuarants went elsewhere (west 192, I-Drive, 535, all of which are booming right now). Or, in some cases, the restaurants being courted were just never going to set up shop in the middle of a strip mall stroller thoroughfare, to protect their image. Again, it was managers with an Anaheim background thinking the same thing would work in Orlando.
As for dinner shows being more profitable than a bar, not sure where this meme got started (and you're hardly the first to suggest it), but alcohol has a lot higher margin than food. Requires fewer servers and "back of the house" personnel as well. And remember, the AC had a $25 cover charge (no single ticket admission). Lot cheaper and easier to get $50 out of a typical convention-goer at AC than a guest at Hoop.
While there were ways to modestly increase profitability--merch, as Did Knee mentioned, maybe going dark Sunday/Monday or cutting one of the characters--the only way to have made it much more profitable would have been to increase marketing for PI* and maybe freshen the whole Island up a bit.
Finally, a dinner show, or a quick serve in Adventureland, would not be "the Adventurers Club." The AC was, at its heart, a cocktail party. Not a dinner show, not a theme park ride. It depended on unsuspecting guests and alcohol for the humor to work.
* The last marketing push I remember, "Carpe PM", was in 2007. For the first half of that year, the place was as packed as it ever had been that whole decade.