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Listing ID: 3045424

SPORTS BAR WITH GAMING – VERY PROFITABLE, EXCELLENT BOOKS & GROWING For Sale

Las Vegas Area, Nevada, United States

$ 459,000

(Inventory / Stock included)

Revenue: $ 519,000

Cash Flow: $ 177,000

Business Description

Acquired by current owner on September of 2011, this bar has become a favorite sports bar and night spot for Las Vegas locals with unmatched gaming, food, music and entertainment. This sports bar and grill is located on a major highway on the eastside of Las Vegas, with daily traffic counts exceeding 45,000 cars per day. A redevelopment plan in the area includes a recently opened hospital, a water park and other new growth and changes planned. The Business has seen steady year over year growth in both overall revenues as well as gaming and profit. The current owner is not active on a day to day basis and has both a general manager and bar manager in addition to a full restaurant and bar staff.
This sports bar is a turn-key 5,000 square foot free standing building which offers 15 video poker slots, keno, gaming devices, signature food items, live music, karaoke, comedy, parties and receptions; This bar has it all! The bar area includes a custom-built raised stage with state of the art sound equipment and a 600 square foot dance floor/dining area. All Furniture, Fixtures and Equipment well maintained and in excellent working order. A new owner operator could easily earn over $175,000 per year without making any changes.
This is a tremendous opportunity for a fraction of the cost of opening a new gaming bar. All of the hard work and growing pains have already been incurred. Everything is already in place; trained staff and management and an established clientele to build on, with huge upside potential. Business maintains great books and records.
PLEASE NOTE: Seller must approve all potential buyer Profiles with NDAs before summary can be sent out. Please understand it could take 2-3 days for a response once you submit your information. For more information, please contact Alan Horwitz at 702-714-0229 or lvbusinessbroker@gmail.com

Property Details

Size:

55000 sq ft

Years Established:

2011

Property Type:

Lease

Inventory Value:

$5,000

Other Details

Operation Details

Employees:

7

Trading Hours:

.

Miscellaneous

Financing Available:

Yes

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