Bar on Las Vegas Strip Profitable In Like New...

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$650,000 $500,000

Miscellaneous: Non-classifiable


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RE: Bar on Las Vegas Strip Profitable In Like New... Broker: Sunbelt Business

Quick Facts

Asking Price: $650,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $65,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2021
Employees: 6
BBN Listing #: 122164254
Broker Reference #: LASVENV001-50552

Email or Print Listing

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Business Overview:

This is a once in a lifetime opportunity to own and operate a premier bar on the Las Vegas Strip. The bar is almost directly across from the Bellagio Resort and Casino and is surrounded by Caesar?s, Bally?s, Paris, Planet Hollywood, The Cosmopolitan and Aria. A buyer looking to have outstanding visibility and expose their brand on the Las Vegas Strip should look no farther. This outstanding business has the following attributes: ? Significantly below-market lease signed during depths of pandemic, through 2026 with 5 year option to extend ? Premier Las Vegas Strip Location for either the current Brand or any future brand or bar concept that a purchaser might want to use ? Profitable, fully staffed, turnkey operation ? One year of operation ? effectively brand new with minimal maintenance costs ? 2022 revenue and profits continuing to grow, and seller willing to train and ensure transition ? Sellers are looking to recoup capital to reinvest in other, non-competing business interests ? Asking cost of 650k looks to recoup startup costs from a year prior ? the cost to establish the business would be substantially higher today ? Huge upside potential as Las Vegas continues to recover post-covid ? Longer term upside in Las Vegas, and continued Las Vegas growth (MSG Sphere, Virgin Hotel, Convention Center, etc) ? Potential for the location to be a high visibility anchor for a longer term brand expansion For more information including a detailed confidential opportunity summary with financial information and photos, please call Alan Horwitz with Sunbelt Business Brokers at 702-714-0229. For the quickest response please email Alan at lvbusinessbroker@gmail.com for an easy to complete e-sign non-disclosure agreement. This will ensure that you quickly receive the complete package. ( NV license # 54316, Business Broker Lic. # 13)

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Reason for Selling:

Other business interests

Additional Details:

  • The property is owned.
  • The owner is not 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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