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#5732
Las Vegas Restaurants For Sale

Bar/Music Venue On Las Vegas Strip

$4,500,000
Bar/Music Venue On Las Vegas Strip
This Listing is Expired

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 takeaway license beverage counter, a high-end specialty cocktail lounge, a large stage for live music, and a full sit down restaurant, all broken up into 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. The seller has already invested millions in the build-out, art, and brand. The venue could be changed into a new concept or buyers can take over and evolve the current brand. Fantastic location for well-known Chef to enter the very successful Las Vegas restaurant scene. On the property convention business is consistent and profitable. Contact Listing Agents for more information. Listing #101-16072

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

Lease

Region:
Las Vegas Restaurants For Sale
Lease Term:
Lease Expires 12/2021 Lease Options 2 / 3 years
Total Monthly Rent:
$41,902
Security Deposit:
$40,800

Financials

Last Year's Annual Gross:
$3,714,950

Operations

Liquor License:
Liquor License
Year Established:
2013

Facilities

Inside Sq. Ft.:
8,969

Highlights

  • Las Vegas Strip
  • Hotel / Casino Location
  • Night Club
  • Full Restaurant
  • Specialty Cocktail Lounge
  • Recurring Banquet Contracts

Financing

Down Payment:
$3,500,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 30,317 115,770 437,244
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,421 48,395 169,459
2010 Persons Per Household 2.15 2.37 2.54
Median House Value $130,107 $132,795 $118,800
Income Per Household $33,862 $33,747 $36,923
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 3,190 7,452 17,896
2012 Number Of Employees 323,220 526,948 884,810
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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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