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Las Vegas Strip

  • Listing No.: 101-16072

  • Category: Bar/Liquor, Food - Restaurant, Leisure/Entertainment

Asking Price $4,500,000.00
Down Payment $3,500,000.00
Gross Revenue $3,714,950.00
Total Adjusted Net Income $949,068.00
Equipment / Fixtures $760,000.00
Year Established 2013
General Location Las Vegas Strip
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This is your big opportunity to invest in one of the top Las Vegas Strip hotel/casino locations. This venue is currently operating as a music themed/pop culture venue with many different revenue streams in place. The Venue hosts a take away license beverage counter, a high end specialty cocktail lounge, large stage for live music and full sit down restaurant, all broken up in to unique areas surrounded by custom artwork. There are many large annually recurring banquet contracts for full buyouts in place with long standing loyal clients. Las Vegas conventions and the resort mall provide a constant flow of potential guests to the venue every day. Seller has already invested millions in the build-out, art and brand. Venue could be changed in to new concept or buyer can take over and evolve the current brand. Fantastic location for well known Chef to enter the very successful Las Vegas restaurant scene. On property convention business is consistent and profitable. Contact Listing Agents for more information.

Gross Revenue $3,714,950.00 Listed Price $4,500,000.00
Total Income $949,068.00 Down Payment $3,500,000.00
Base Rent $41,902.00 Square Feet 8968
Total Rent $41,902.00 Lease Expiration 12/2021
Rent Deposit $40,800.00 Lease Options 2 / 3 years
Inventory $30,000.00 Leasehold Improvements $2,400,000
Equipment / Fixtures $760,000.00 Other Assets 300,000
Full-Time Employees Training Period Five Business Days
Part-Time Employees Special License Required Music, Liquor
Contract Staff Reason for Selling Other interests

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.