Banquet Hall and Events Center

Las Vegas, NV
Clark County

Asking Price: Annual Revenue:
$975,000 $540,000

Food & Beverage: Catering, Food Preparation

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RE: Banquet Hall and Events Center Broker: Kathleen Nichols
License #: S.0186077

Quick Facts

Asking Price: $975,000
Annual Revenue: $540,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 5
BBN Listing #: 90875142
Broker Reference #: 101-20852

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Business Overview:

Great Opportunity to acquire an events venue in downtown las Vegas NV. A stylish and sophisticated stand alone 8000 square foot Building in the booming wedding district with a top of the line LED lighting system, Five Star Menes, great sound system, HDTV monitors, HDTV Electric Rear Projector Screen 220” Diagonal (108” x 192”), 2 Performance Stages, Dance floors and more. Top of the line décor and over $500,000 in equipment. Great opportunity to host convention events and local parties. Seller states there is $500,000 in booked events over the next year and seller will train for a smooth transition. For quick response to your inquiry, please call listing broker George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847) at 702-290-9120 or Kathleen Nichols (RE# S.0186077; Business Broker Permit# BUSB.0007013).

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Property Features and Assets:

This is a leased location of 9,000 square feet with a Total Rent of $9,911. Lease ends 12/2023 with a one 5 year lease options. Seller is active in the business with 3 Full Time employees, and 2 Part Time employees. Hours of operation are when booked. $2,000 in Inventory and $500,000 in FF&E included in Asking Price. $1,000,000 made in Leasehold Improvements. Assets include Several other businesses! Business, Health Licenses Required.

Reason for Selling:

Burned out

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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