Famous Las Vegas Strip Area Bar/Tavern with Gaming

Las Vegas, NV
Clark County

Center Las Vegas Strip

Asking Price: Annual Revenue:
$1,000,000 $455,493

Food & Beverage: Bars, Clubs, Nightspots

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RE: Famous Las Vegas Strip Area Bar/Tavern with Gaming Broker: Kathleen Nichols and Mounir Bousaid
Owner Financing is Available!
$800,000 down, SCN for 36 months at 4%.

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $455,493
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $180,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 10
BBN Listing #: 55065142
Broker Reference #: 101-16070

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Business Overview:

This is your opportunity to invest in Bar/Venue/Gaming space that is Las Vegas Strip adjacent and close to many casino locations. The location has 15 gaming machines in place. This venue is currently operating as Bar/Cocktail/Gaming lounge with large events and great venue space. There are many successful events already running at the location but a new owner could maximize on the convention/wedding/reception business by selling the iconic retro themed bar atmosphere. Seller has made a huge investment on build-out and the business concept is turn key. Location is near some major casinos that are completely re-branding at this time, the area is set to grow with all the strip revitalization in the area and it is very close to wedding row on the Famous Las Vegas Strip. For additional contact information please contact listing agents Kathleen Nichols or Mounir Bousaid.

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Property Features and Assets:

This is a leased location of 3,296 square feet with a Total Rent of $5,726. Lease ends 04/2024 with a one 5 year lease option. Seller is not active in the business with 7 Full Time employees and 3 Part Time employees. Hours of operation are 24 hours a day, 7 days a week. $5,000 in Inventory and $180,000 in FF&E included in Asking Price. Assets include Rights to iconic vintage Vegas Hotel brand! Liquor License Required.

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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