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Asking Price:	$399,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Bars, Clubs, Nightspots
Reason for Selling:	Serious health issues.
Year Established:	1976
# of Employees:	4FT/2PT

Business for Sale Overview:

The price has been reduced from $495,000 to $399,000. This is a “profitable” west side neighborhood tavern which has been established for 30 years, operated by the present owner for the last 10 years. Offered for sale due to the (semi absentee) owners health issues. There is a full kitchen, and a dining area, with seating for approx 100 people. They do an excellent lunch, and take out business. There are 15 slot machines, and 1 pool table. There gaming contract calls for an 80/20 split. The value of the *furniture, fixtures, & equipment is $100,000, and tenant improvements is $200,000. Included in the sale is $4,000 in saleable inventory at cost. Financials as well as other related information will be provided to serious qualified buyers. Priced low for a fast sale. All written offers will be considered. *To view the Davis Team’s numerous other personal (70+) “Current Businesses Listed” – please copy & paste to your address bar: www.LasVegasBusinesses.biz

Property Features and Assets:

2,400 square feet, the present rent is only $3,000 a month The lease ends in April of 2008, with 1-5 year option. They are open 8am to 12 midnight 7 days a week.

Market Competition and Expansion:

Due to the owners health issues it is presently not operating 24 hours a day as are other taverns. In addition, the kitchen is only open 10AM-3PM, Mon-Fri, & 10AM-2PM on Sat, closed on Sundays. A new owner can readily extend the hours.

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.