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#5953
Las Vegas Restaurants For Sale

24 HR Bar And Restaurant With Gaming And Live Entertainment License

$400,000
24 HR Bar And Restaurant With Gaming And Live Entertainment License
This Listing is Expired

Long time iconic local 24 hour bar for drinks, food, gaming and entertainment. 15 slot machines with room for 15 more with a $150,000 gaming renewal bonus coming up which will go to the buyer if this is purchased before the signing date. Live entertainment on Fridays and Saturdays. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff of 13 will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away.  Listing #101-20635

This is a Trent Lee, LLC listing.
Trent Lee DRE License #S.0183611

Lease

Region:
Las Vegas Restaurants For Sale
Lease Term:
Lease ends 06/2024 with two 5 year lease options.
Total Monthly Rent:
$9,206
Security Deposit:
$9,206

Financials

Last Year's Annual Gross:
$518,118

Operations

Liquor License:
Gaming License; Liquor License; Packaged Liquor License; Tobacco License
# of Full-Time Employees:
1
# of Part-Time Employees:
13
Year Established:
2016

Facilities

Inside Sq. Ft.:
4,500

Highlights

  • Gaming License; Liquor License; Packaged Liquor License; Tobacco License
  • Iconic local 24 hour bar for drinks, good, gaming and entertainment.
  • 15 slot machines with room for 15 more with a $150,000 gaming renewal bonus
  • Experienced and dedicated staff of 13 will all be willing to stay on with the new owner

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 19,319 144,264 395,325
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,247 54,817 152,385
2010 Persons Per Household 2.58 2.57 2.49
Median House Value $220,200 $130,215 $153,247
Income Per Household $43,003 $38,420 $45,307
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,225 5,358 15,226
2012 Number Of Employees 27,736 165,552 702,962
2012 Total Annual Payroll $644,071,000 $3,115,357,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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