LAS VEGAS, Nevada
| Asking Price |
$555,000 |
Year Established |
2020 |
|
| Annual Revenue |
$1,171,036 |
Reason for Selling |
New Ventures |
|
| Annual P/L |
$288,726 |
Attention |
Kathleen Nichols |
|
| Annual Cash Flow |
$0 |
Listing Number |
1004890 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
Rare Arts District theme bar with a rich history, exceptional visibility, and heavy walk-by traffic. Located in one of the city’s most vibrant and rapidly growing areas, this established venue is surrounded by popular restaurants, shops, residential developments, and a thriving live music scene that attracts locals and visitors daily. The business offers approximately 1,900 sq. ft. of interior space, a front patio, along with an additional 1,500 sq. ft. back patio, providing an impressive amount of outdoor space for gatherings, live entertainment, special events, and high-margin private functions. Small, functional kitchen, very Flexible event space, Excellent visibility and strong pedestrian traffic. Opportunities to enhance the concept, add entertainment nights, expand events. Seller is motivated — bring your offer! Opportunities like this, with established recognition, prime visibility, and substantial indoor and outdoor space, are rarely available. So much potential!
Property Features and Assets:
<p>This is a leased location of 1,927 square feet with a Total monthly rent of $7,073. Lease ends 09/2027 with 2 options of 24 months. Seller is active with 2FT and 3PT employees. Hours of operation are Mon-Wed 3pm-12am, Thur 12-12, Fri-Sat-12-2am, and Sun12-11pm. $190,000 in FF&E included in the asking price. $90,000 made in leasehold improvements. City Liquor license required.<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity