Gaming Sports Bar Owner-Operator would net $16...

Las Vegas Area, NV


Asking Price: Annual Revenue:
$359,000 $421,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Gaming Sports Bar Owner-Operator would net $16... Broker: Alan Horwitz
Owner Financing is Available!

Quick Facts

Asking Price: $359,000
Annual Revenue: $421,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 11
BBN Listing #: 688554190
Broker Reference #: LASVENV001-N1203

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Business Overview:

This sports bar is a turn-key 5,000 square foot free standing building which offers 15 video poker slots, keno, gaming devices, signature food items, live music, karaoke, poker tournaments, comedy, parties and receptions; This bar has it all! The bar area includes a custom-built raised stage with state-of-the-art sound equipment and a 600 square foot dance floor/dining area. All Furniture, Fixtures and Equipment well maintained and in excellent working order. A new owner operator functioning as the general manager could easily earn over $160,000 per year without making additional changes. Acquired by current owner on September of 2011, this bar has become a favorite sports bar and night spot for Las Vegas locals with unmatched gaming, food, music and entertainment. This sports bar and grill is located on a major highway on the eastside of Las Vegas, with daily traffic counts exceeding 45,000 cars per day. The bar is in an improving area near a fairly new hospital and water park. The current owner is not active on a day to day basis and has both a general manager and bar manager in addition to a full restaurant and bar staff. This is a tremendous opportunity for a buyer interested in a sports bar at a fraction of the cost of opening a new gaming bar. All of the hard work and growing pains have already been incurred. Everything is already in place; trained staff and management and an established clientele to build on, with huge upside potential. Business maintains great books and records. This outstanding business has the following attributes: - Great Staff/ Loyal Clientele – Well Known as ‘the’ Raiders Bar in Las Vegas - Grandfathered Gaming License which is Rare and Difficult to Find - All Equipment and Assets are in Excellent Working Order - Trained Employees, Bar Manager and General Manager in Place - Unincorporated Clark County Does Not Charge up to $75,000 for a New Liquor and Gaming License as does the City of Las Vegas - Huge Upside Potential for an Active Owner Operator - History of Growing Revenue and Profitability - 15 Slot Machines with Excellent Slot Route Operator - Great Financial Records – Seller is a CPA - Rare Chance to Purchase Growing Las Vegas Bar with Gaming - Seller willing to Consider an Operating Partner - A Fraction of the Cost of Normal Entry and Opening a Bar from Scratch PLEASE NOTE: Seller must approve all potential buyer Profiles with NDA’s before summary can be sent out. Please understand it could take 2-3 days for a response once you submit your information. For more information, please contact Alan Horwitz at 702-714-0229 or lvbusinessbroker@gmail.com

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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