Large Near Strip Location - 3000+ Square Feet and Full Bar

Las Vegas, NV (Clark County)

Bar
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Asking Price: Get Financing: $219,000

Cash Flow: N/A

Gross Revenue: $950,000

EBITDA: N/A

FF&E: $125,000

Inventory: N/A

Lease Rate: $12,000 /Month

Established: N/A

Large Near Strip Location - 3000+ Square Feet and Full Bar

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Business Description

This near strip location was completely renovated with $650,000 of improvements a few years ago, now stands ready for a new owner. The restaurant requires a new concept. Currently the location is just off strip in an area desirable for restaurants.

Detailed Information

Real Estate:
Leased
Building SF:
4,400
Lease Expiration:
11/30/2022
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
The site is just off strip so there is tremendous competition. However the high price points on the strip often send visitors looking for other alternatives. In the immediate area the land lord approves the type of restaurant as to not compete with existing tenants.
Growth & Expansion:
The area is excellent for a restaurant\bar concept. The proximity to the strip makes it perfect for visitors but also for the thousands of employees working on the strip. This could easily be a restaurant destination with the right theme.
Support & Training:
2 weeks support and training
Reason for Selling:
Pursue other interests
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Contact the Seller

(from currently available funds)
 
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Michael Holcomb

Business Listed By:
Michael Holcomb

Advent Realty Group

Show Phone Number

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Sponsoring Broker:
Guadalupe Gastelum

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