Bar/Music Venue on Las Vegas Strip

Las Vegas, NV
Clark County

Las Vegas Strip

Asking Price: Annual Revenue:
$4,500,000 $3,714,950

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar/Music Venue on Las Vegas Strip Broker: Kathleen Nichols and Mounir Bousaid
Owner Financing is Available!
$3,500,000 Down Payment and SWC balance for 60 months at 4% interest.

Quick Facts

Asking Price: $4,500,000
Annual Revenue: $3,714,950
Net Profit: $949,068
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $760,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 36845142
Broker Reference #: 101-16072

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Business Overview:

This is your big opportunity to invest in one of the top Las Vegas Strip hotel/casino locations. This venue is currently operating as a music themed/pop culture venue with many different revenue streams in place. The Venue hosts a take away license beverage counter, a high end specialty cocktail lounge, large stage for live music and full sit down restaurant, all broken up in to unique areas surrounded by custom artwork. There are many large annually recurring banquet contracts for full buyouts in place with long standing loyal clients. Las Vegas conventions and the resort mall provide a constant flow of potential guests to the venue every day. Seller has already invested millions in the build-out, art and brand. Venue could be changed in to new concept or buyer can take over and evolve the current brand. Fantastic location for well known Chef to enter the very successful Las Vegas restaurant scene. On property convention business is consistent and profitable. Contact Listing Agents Kathleen Nichols or Mounir Bousaid for more information. Please use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 8,968 square feet with a Total Monthly Rent of $41,902. Lease ends 12/2021 with Two 3 year options. Hours of operation are 11:30am-10pm Monday - Wednesday, 11:30am-2am Thursday - Friday, 9am-2am Saturday, and 9am-10pm Sunday. Music and Liquor Licenses are required. $30,000 in Inventory and $760,000 in FF&E included in asking price. $2,400,000 made in Leasehold Improvements.

Reason for Selling:

Other interests.

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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