Business Overview:
Established in 1991, this is a family owned and operated business and considered by many as one of the best operated Pool Halls in Las Vegas. Seller focuses on cleanliness throughout which results as #1 in weekly tournaments, and #1 in In-house pool leagues. The business has a 20 year track record of profitability, says the Seller. Boasting the latest and greatest equipment in town allowing professionals or beginners to enjoy and play; featuring twenty four pool tables: Five 9’ Diamond tables, Nine 9’ Brunswick Gold Crown III tables, and Ten 7’ Diamond Bar Boxes. All of the tables have Arimith balls and Simonis felt. Over the years the business has grown to approximately 7200 square feet with 24 tables allowing premier league pool play and tournaments. Grandfathered Gaming for 15 machines. Nevada Gaming Board Approval required for new owner; Beer and Wine License approval required for new owner. For additional information, please contact Listing Agent Ron Smith or email us.
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Property Features and Assets:
This is a leased location of 7,200 square feet with a Total Rent of $11,304. Lease ends 11/2022 . Seller is active in the business with 3 Full Time employees and 3 Part Time employees. Hours of operation are 24 hours a day, Seven days a week. $2,000 in Inventory and $140,500 in FF&E included in Asking Price. $49,586 made in Leasehold Improvements. Assets include 15 gaming machines with grandfathered gaming license to this location! Beer and Wine License and Gaming license Required.
Reason for Selling:
Retirement
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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