Seller's Contact Information
- RE: Trendy Bar In Downtown Las Vegas Near LV Strip!
- Contact: Edward Smith
- License #: BS.0038345.PC
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $1,271,277 | |
Net Profit: | $287,784 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 4 | |
BBN Listing #: | 23075142 | |
Broker Reference #: | 101-21857 |
Business Overview:
MAJOR PRICE REDUCTION! CROWN JEWEL of downtown Las Vegas bars! Sales & income on growth trajectory! Extremely well known and respected long standing location that welcomes all patrons! Turnkey location with huge traffic counts and local following! Absolutely perfect layout for great interior flow. Large well-appointed bar opens to world-class small-scale sound stage. Popular theme nights! Seller has put systems in place to make this business super easy to manage and very well organized, plus will offer top notch training for a smooth transition. Simple clean operation with no food or gaming. NO Tax returns available. NO SBA/BANK LENDING. NO INFORMATION WITHOUT SIGNED NDA - Please don't call and ask, 'where is it located!' Sales & Income are estimated for 2023. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at 702-274-7320 or email edsmith@fcbb.com.
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Property Features and Assets:
This is a leased location of 4,631 square feet with a Total monthly rent of $8,892. Lease ends 06/2031 with three 5 year options. Seller is active with 4 Part Time employees. Hours of operation are 8:00pm- 2:00am Tuesday - Saturday, closed Sunday - Monday. $20,000 in inventory and $150,000 in FF&E included in the asking price. $250,000 made in leasehold improvements. Other Assets include Well known and respected local's bar in hot location! World class small scale stage! Excellent flow layout!. Liquor license required.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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