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

Confidential Franchised Bar/Restaurant for sale in Las Vegas, NV

Las Vegas, Nevada (NV)

Asking Price: Gross: Cash Flow:
$ 795,000 $ 1,773,609 $ 284,766

Furniture and Fixtures Value:
$ 750,000 (included in the asking price)

Inventory Value:
$ 25,000 (not included in the asking price)

Business Summary:
Asking Price FIRM. ABSENTEE SELLER! This is a wonderful opportunity to own a National Franchise Bar & Restaurant in a top Las Vegas Valley location for a fraction of the cost that would be required for a new start-up. Since 2016, after an exhaustive and expensive 7 month build-out, this beautiful, inviting bar/restaurant has seen sales rise to almost $2M annually with good reviews and happy returning clientele. The space is 5,081 square feet and there is an additional 1,000 square foot patio included. $1.4M in equipment and leasehold improvements. State-of-the-art audio-visual system with multiple screens included for sports entertainment purposes. Fully-staffed and management support in place. Strong advertising and marketing support from the franchise company and the landlord. Excellent social media presence and ratings. Great lease in place. This is an incredible opportunity for either an individual, or an existing corporate franchise buyer. Franchise approval and proof of funds required. For additional information please contact listing agent George Karas at 702-290-9120 or [email protected]

 

   
Year Business was Established: 2016
   
Number of Employees: 12 FT/ 14 PT  
   
Facilities / Terms of Lease: This is a leased location of 6,081 square feet with a Total Rent of $21,632. Lease ends 06/2026 with two 5 year lease options. Seller is not active in the business with 12 FT employees and 14 PT employees. Hours of operation are M-Th: 11 AM-12AM, F-Sat 10AM-1AM, Sun 10AM - 11PM. $750,000 in FF&E included in Asking Price and $25,000 in Inventory. $750,000 made in Leasehold Improvements. Liquor License, Business License and Health Permit Required.  
   
Owner willing to train: 2 Weeks @ 40 hours a week  
   
Reason for selling: Partner Dissolution  
   
Seller Reference Number: 101-15817
BusinessMart.com Listing Number: 236601
 

 

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For more info contact:

Jeff Nyman

First Choice Business Brokers
702-368-2500

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