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Businesses For Sale > Business For Sale in Las Vegas, Nevada (NV)

Famous Las Vegas Strip area Bar/Tavern with gaming! for sale in Las Vegas, NV

Las Vegas, Nevada (NV)

Asking Price: Gross: Cash Flow:
$ 1,000,000 $ 455,493 Undisclosed

Furniture and Fixtures Value:
$ 180,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
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 (RE# S.0186077; Business Broker Permit# BUSB.0007013) or Mounir Bousaid (RE# S.0178371; Business Broker Permit# BUSB.0006910) at 702-461-9057 or 702-321-1292/ [email protected]/[email protected]

 
   
Year Business was Established: 2013
   
Number of Employees: 7 FT/ 3 PT  
   
Facilities / Terms of Lease: 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 FT employees and 3 PT 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.  
   
Owner willing to finance: $800K down, SCN for 36 months at 4%.  
   
Owner willing to train: 5 business days  
   
Reason for selling: Other interests  
   
Seller Reference Number: 101-16070
BusinessMart.com Listing Number: 248175