Restaurant & Bar w/Spacious Patio – Ultra Modern!

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$750,000 $1,900,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant & Bar w/Spacious Patio – Ultra Modern! Broker: Ryan Clark

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,900,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 43
BBN Listing #: 53714929
Broker Reference #: LVReBa

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Business Overview:

This Las Vegas restaurant and bar with a spacious patio and live entertainment boasts an extraordinary ultra-modern industrial inspired buildout complete with high ceilings, stellar city views and plentiful outdoor seating. The main street location commands excellent street visibility near Las Vegas Boulevard, making it attractive to tourists and locals alike as it has the convenient street access and ample free parking associated with off Strip locations but is readily accessible citywide.

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Property Features and Assets:

The newly constructed 4,000 square foot premises leases for $21,036 per month plus $3,000 per month in triple net (NNN) expenses on a lease until 2027 with one 10 year option. All of the business’s furniture, fixtures, equipment, liquor license, live entertainment permit and additional entitlements will be included in the sale. Liquor and food inventory will be sold at cost at close in addition to the purchase price. Training: 2 Weeks at 20 hours/week.

Market Competition and Expansion:

There is no shortage of competition for all types of food fare on and off of Las Vegas Boulevard. This venue’s modern style, unique industrial buildout, liquor license, live entertainment entitlements and contemporary edge set it apart and make it an attractive dining and lounge style entertainment option for locals, tourists and conventioneers.

Reason for Selling:

Personal

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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