Popular Bar, Grill and Hookah Lounge

Las Vegas, NV
Clark County

Asking Price: Annual Revenue:
$215,000 $480,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Bar, Grill and Hookah Lounge Broker: Trent Lee

Quick Facts

Asking Price: $215,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 8
BBN Listing #: 30895142
Broker Reference #: 101-15871

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Business Overview:

This popular bar/grill and hookah lounge regularly gets 80-100 people on weeknights and 180-250 on weekends. The atmosphere is a cool trendy hookah lounge with full service restaurant and a massive bar that seats over 30 people. They have 13 private hookah tables and was voted #1 Urban Lounge in Las Vegas. Seller will allow buyer to be on site for 7 days to verify cash revenue. Currently, they are only open for dinner and evening entertainment. A new buyer could open for breakfast and lunch to increase revenue. Outstanding Reputation and Reviews Stable and Growing Industry.

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Property Features and Assets:

This is a leased location of 5,600 square feet with a Total Rent of $12,644.20. Lease ends 07/2021 with one 3 year lease option. Seller is not active in the business with 8 PT employees. Hours of operation are 4 PM to 2 AM, Tuesday - Sunday. $20,000 in Inventory and $300,000 in FF&E included in Asking Price. $45,000 made in Leasehold Improvements.

Reason for Selling:

Seller moving back to Africa.

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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