Seller's Contact Information
- RE: Bar Restaurant
- Contact: Kathleen Nichols
- License #: S.0186077
Quick Facts
| Asking Price: | $249,000 | |
| Annual Revenue: | $606,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $112,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 9 | |
| BBN Listing #: | 935815 | |
| Broker Reference #: | 101-22597 |
Business Overview:
Recently established Bar/Restaurant and Hookah Lounge, offering nightly entertainment that resonates with both local and tourists from the bustling strip hotels, located just four (4) blocks away from the renowned Las Vegas Strip, is now available for sale. Menu boasts an array of delectable southern comfort foods with an exquisite sweet and savory brunch, that cater to a diverse clientele. Recently undergone an extensive renovation, ($200K leasehold improvements and $100K in equipment) to integrate the bar, restaurant hookah lounge, and nightly entertainment aspects. The business holds an impressive reputation, attaining a coveted five (5) star rating on prominent platforms such as Google and Yelp. Call now. For quick response to your inquiry, please contact listing broker George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847) or Kathleen Nichols (RE# S.0186077; Business Broker Permit# BUSB.0007013) using reply to this ad button.
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Property Features and Assets:
This is a leased location of 4,200 square feet with a Total monthly rent of $6,289. Lease ends 06/2026 with one 5-year option. Seller is active with 9 Full Time employees. Hours of operation are Tuesday - Friday 11am-2am Saturday 10am-5pm 10pm-3:00 Sunday 10am-5pm. $5,000 in inventory and $100,000 in FF&E included in the asking price. $200,000 made in leasehold improvements. Other Assets include Camera, Sign $3,500. Business, Health & liquor license required.
Reason for Selling:
Moving
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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