Listing #: 101-15389
Category: Food - Bar/Liquor
  • Listed Price $ 900,000
  • Down Payment $ 700,000
  • Gross Sales $ 1,907,934
  • Total Income $ 346,902
  • Equipment/Fixtures$ 800,000
  • General Location Las Vegas Valley
For more information contact:
George Karapanagioeides
Office: (702) 368-2500
Cell: (702) 290-9120
Office Website

National Franchise Bar & Restaurant

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. With the Raiders NFL Franchise moving to Las Vegas soon, this bar & restaurant will be officially branded a “Raiders Bar”, along with other major promotions planned by the landlord, both of which should mean a nice boost in business. The Seller opened the business in late September of last year after an exhaustive and expensive 4-5 month build-out, the result being a beautiful, inviting atmosphere for customers to enjoy. The Seller is having to sell so soon after opening for unforeseen medical reasons. All of the heavy lifting has already been done - a new owner takes over a thriving operation with a very strong revenue base in place after just 13 months in business. Year-to-year increase in business 12%-14%. The space is 5,081 square feet and there is an additional 1,000 square foot patio included. State-of-the-art audio-visual system with multiple screens is included. 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 20 year lease in place. This is an incredible opportunity for either an existing corporate franchise buyer or an individual. Franchise approval required. Proof of funds and an NDA also required of course. PRE-QUALIFIED for an SBA loan. Call today!

Financial Information

  • Gross Sales:$1,907,934
  • Total Income: $346,902
  • Listed Price:$900,000
  • Down Payment $700,000

Financing: $700,000 down payment and SWC balance for 2 years at 8% interest.

Assets & Lease Information

  • Inventory: $35,000
  • Leasehold Improvements: $900,000
  • Equipment/ Fixtures: $800,000
  • Base Rent: $10,500
  • Total Rent: $15,973
  • Rent Deposit: $0
  • Year Established: 2016
  • Square Feet: 6,081
  • Lease Ends: 1/2026
  • Lease Options: Two 5 years
  • Categories: Food - Bar/Liquor
  • Other Assets:

Additional Information

  • Full-Time Employees:20
  • Part-Time Employees: 18
  • Contract Staff: 0
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  • Training Period: 30 days @ 7 hours each
  • Special License Required: Liquor License
  • Reason for Selling: Medical issues

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.