Themed Bar/Restaurant/Gaming with 15 Machines

Henderson, NV (Clark County)

bar
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Asking Price: Get Financing: $450,000

Cash Flow: N/A

Gross Revenue: $1,173,866

EBITDA: N/A

FF&E: $180,000

Inventory: $30,000*

Lease Rate: $11,608 /Month

Established: 2013

*not included in asking price.

Themed Bar/Restaurant/Gaming with 15 Machines

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Business Description

This a really great opportunity to either get into the bar business or to expand your existing operation. Recently renovated and remodeled this business has shown strong growth over a number of years and is supported by a very loyal and expanding clientele in a fast growing neighborhood. Located near other retail, office, medical and service businesses this bar/restaurant is a local community gathering staple and a go to destination for weekly entertainment events, happy hour, gaming, business meet-ups and a service industry following
The operation is turn key, after acquiring the necessary licences. This facility has a gaming license with 15 grandfathered bar machines, 5400 sq ft floor space with built in stage, which is used for sporting events, live music, karaoke, game nights providing a fun pub styled ambiance. Complementing the facility are 15 flat screen and projection tv's throughout the premises attracting large crowds for sporting events and a large outside patio with furniture for a more relaxed setting. This bar is absolutely amazing, and all furniture, fixtures and equipment are well maintained and in good working order. This is a reluctant sale by the current owners who have several other businesses and little available time to take it to the next level. A really great opportunity for a new owner/operator with a vision to acquire and develop this business, and along with an aggressive asking price and the owners motivation to sell this business will attract strong interest from buyers who recognize the potential.
NOTE! The seller must pre-approve all potential buyers with NDA's and proof of funds before business summaries can be sent out. Once satisfactory, details of the business and an introduction to the current owners and facilities can be made.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,600
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of approximately 5400 sq ft. Fully functional and Turn Key Bar/Restaurant and gaming with off premise.
Competition:
Expanding neighborhood of residential, commercial and retail properties. Other restaurants and bars (chains), nothing nearby with the unique theme. This facility has a restaurant license but is grandfathered for the existing 15 gaming machines. Other restaurants nearby do not have this.
Growth & Expansion:
limited only to new owners creativity.
Financing:
For the right qualified candidate
Support & Training:
Current owner will provide agreed upon amount of training with the sale and negotiated time thereafter. Totally remodeled. Gaming and Liqour Licenses required
Reason for Selling:
Two other businesses, one start-up, young children and dissolving partnership
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Contact the Seller

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Tony Wright

Business Listed By:
William Wright

LVCBS

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