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Popular Bar, Grill and Hookah Lounge

Las Vegas, NV (Clark County)

Seller Financing Available
Popular Bar, Grill and Hookah Lounge
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Asking Price: $215,000

Cash Flow: N/A

Gross Revenue: $480,000

EBITDA: N/A

FF&E: $300,000

Inventory: $20,000

Established: 2018

Popular Bar, Grill and Hookah Lounge

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Business Description

This popular bar/grill and hookah lounge has 20 Screens and regularly gets 80-100 people on weeknights and 180-250 on weekends. The atmosphere is a cool trendy hookah lounge with full service restaurant and a massive bar that seats over 30 people. They have 13 private hookah tables and was voted #1 Urban Lounge in Las Vegas. Seller will allow buyer to be on site for 7 days to verify cash revenue. Currently, they are only open for dinner and evening entertainment. A new buyer could open for breakfast and lunch to increase revenue. Outstanding Reputation and Reviews Stable and Growing Industry For more information including a detailed confidential opportunity summary with financial information and photos, please email Trent Lee at trent@fcbb.com

Detailed Information

Location:
Las Vegas, NV
Inventory:
Included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 5,600 square feet. Seller is not active in the business with 8 PT employees. Hours of operation are 4 PM to 2 AM, Tue-Sun. $20,000 in Inventory and $300,000 in FF&E included in Asking Price. $45,000 made in Leasehold Improvements.
Financing:
$100,000 down, rest of the balance over 36 months at 8%
Support & Training:
14 days, not to exceed 30 hours per week
Reason for Selling:
Seller moving back to Africa
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Contact the Seller

(from currently available funds)
 
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Trent Lee

Business Listed By:
Trent Lee

First Choice Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Sponsoring Broker:
Jeff & Linda Nyman

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