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Banquet Hall and Events Center for sale in Las Vegas, NV

Las Vegas, Nevada (NV)

Asking Price: Gross: Cash Flow:
$ 975,000 $ 540,000 Undisclosed

Furniture and Fixtures Value:
$ 500,000 (included in the asking price)

Inventory Value:
$ 2,000 (included in the asking price)

Business Summary:
Great Opportunity to acquire an events venue in downtown las Vegas NV. A stylish and sophisticated stand alone 8000 square foot Building in the booming wedding district with a top of the line LED lighting system, Five Star Menes, great sound system, HDTV monitors, HDTV Electric Rear Projector Screen 220” Diagonal (108” x 192”), 2 Performance Stages, Dance floors and more. Top of the line décor and over $500,000 in equipment. Great opportunity to host convention events and local parties. Seller states there is $500,000 in booked events over the next year and seller will train for a smooth transition. For quick response to your inquiry, please call listing broker George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847) at 702-290-9120 or Kathleen Nichols (RE# S.0186077; Business Broker Permit# BUSB.0007013) at 702-461-9057.

 

   
Year Business was Established: 2018
   
Number of Employees: 3FT/2PT  
   
Facilities / Terms of Lease: This is a leased location of 9000 square feet with a Total Rent of $9911. Lease ends 12/2023 with a one 5 year lease options. Seller is active in the business with 3 FT employees, and 2 PT employees. Hours of operation are when booked. $2,000 in Inventory and $500,000 in FF&E included in Asking Price. $1,000,000 made in Leasehold Improvements. Assets include Several other businesses! Business, Health Licenses Req'd.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Burned out  
   
Seller Reference Number: 101-20852
BusinessMart.com Listing Number: 272022
 

 

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For more info contact:

Jeff Nyman

First Choice Business Brokers
702-368-2500

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