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Las Vegas/Henderson

  • Listing No.: 101-15813

  • Category: Bar/Liquor

Asking Price $325,000
Down Payment $0
Gross Revenue $457,676
Total Adjusted Net Income $91,296
Equipment/Fixtures $140,500
Year Established 1989
General Location Las Vegas/Henderson
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image-for-Ron Smith

Established in 1991, this is a family owned and operated business and considered by many as one of the best operated Pool Halls in Las Vegas. Seller focuses on cleanliness throughout which results as #1 in weekly tournaments, and #1 in In-house pool leagues. The business has a 20 year track record of profitability, says the Seller. Boasting the latest and greatest equipment in town allowing professionals or beginners to enjoy and play; featuring twenty four pool tables: Five 9’ Diamond tables, Nine 9’ Brunswick Gold Crown III tables, and Ten 7’ Diamond Bar Boxes. All of the tables have Arimith balls and Simonis felt. Over the years the business has grown to approximately 7200 square feet with 24 tables allowing premier league pool play and tournaments. Grandfathered Gaming for 15 machines. Nevada Gaming Board Approval required for new owner; Beer and Wine License approval required for new owner.

Gross Revenue $457,676 Listed Price $325,000
Total Income $91,296 Down Payment $0
Base Rent $9,288 Square Feet 7200
Total Rent $11,304 Lease Expiration 11/2022
Rent Deposit $5,280 Lease Options
Inventory $2,000 Leasehold Improvements $49,586
Equipment/ Fixtures $140,500 Other Assets 15 gaming machines with grandfathered gaming license to this location.
Full-Time Employees 3 Training Period 14 Business Days
Part-Time Employees 3 Special License Required Beer and Wine License, Gaming License
Contract Staff 0 Reason for Selling Retirement

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.