Tavern & Restaurant in Heart of Downtown Growth

Las Vegas, NV
Clark County

Henderson


Asking Price: Annual Revenue:
$459,000 $700,767

Food & Beverage: Bars, Clubs, Nightspots


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RE: Tavern & Restaurant in Heart of Downtown Growth Broker: Ed Smith

Quick Facts

Asking Price: $459,000
Annual Revenue: $700,767
Net Profit: $115,474
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 10
BBN Listing #: 17725142
Broker Reference #: 101-16129

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Business Overview:

HOT Tavern opportunity with ABSENTEE SELLER in the heart of downtown redevelopment and revitalization! $1/square feet rent with approximately 15 years left on lease! Major sports facility being built across the street and completed mid 2020. Real estate can possibly be purchased from landlord separate from business. 90/10 split with coin company. All workers are W2 employees. Repeat loyal customer base in place. Name is not included in sale and will need to be change by Buyer after closing. Gross sales and total income are estimated for 2019 based on first 7 months of the year. EMAIL NOW before it's gone! For the fastest reply to your inquiry please use this ad's email reply or contact business broker Ed Smith.

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Property Features and Assets:

This is a leased location of 4,400 square feet with a Total Monthly Rent of $5,834.95. Lease ends 1/2025 with One 10 year option. Seller is not active in the business with 3 Full Time and 7 Part Time. Hours of operation are 10am-10pm Sunday - Thursday and 10am-2am Friday - Saturday. Gaming and Liquor Licenses required. Recently remodeled location plus major development across the street! Inventory $10,000; FF&E $100,000; Leasehold Improvements $250,000

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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