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East Las Vegas

  • Listing No.: 101-15687

  • Category: Bar/Liquor, Leisure/Entertainment

Asking Price $135,000
Down Payment $135,000
Gross Revenue $261,146
Total Adjusted Net Income $31,854
Equipment/Fixtures $72,500
Year Established
General Location East Las Vegas
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Gaming bar/lounge on high visibility and high traffic LV street.  No need to wait 8 months to get up and running for gaming license since Seller already has a space lease in place for 14 video poker machines.  This bar/lounge is only open from 6pm to midnight (and longer when needed) and gets packed during sporting events such as recent hockey games, boxing matches and other LV events according to the Seller. High traffic counts, direct visibility on a major LV street and easy to remember address. Seller states there are strong relationships with liquor vendors, suppliers and sponsors as well as dedicated & loyal local fans of sporting events and club goers.  Owner is moving out of the country and is motivated to make a good deal before he leaves!

Gross Revenue $261,146 Listed Price $135,000
Total Income $31,854 Down Payment $135,000
Base Rent $3,090 Square Feet 3000
Total Rent $3,630 Lease Expiration 5/2021
Rent Deposit $5,000 Lease Options
Inventory $4,500 Leasehold Improvements $53,415
Equipment/ Fixtures $72,500 Other Assets Liq. License approx. $75,000
Full-Time Employees 4 Training Period 2 Weeks
Part-Time Employees 2 Special License Required Liquor License
Contract Staff 2 Reason for Selling Moving to Canada

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.