LAS VEGAS, Nevada
| Asking Price |
$575,000 |
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:
Seize the chance to own a well-known, popular theme bar located in one of the city’s most vibrant and rapidly expanding downtown districts. Private bar rental and bar catering business with many contracts in place, also part of the sale. The bar is surrounded by top restaurants, boutique shops, many brand new residential developments, and a thriving live-music scene, this venue benefits from nonstop exposure to locals and visitors alike. Highlights include a large outdoor patio ideal for gatherings, live entertainment, and high-margin events, plus a small kitchen and flexible event space that support a variety of concepts and revenue streams. With significant room for growth—whether by enhancing the theme, adding entertainment nights, or expanding operations—this is a true turnkey opportunity for an experienced operator or creative entrepreneur looking to step into an iconic, profitable downtown location. Management in place and seller willing to assist for long term success. Call today
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