784 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$359,000
Revenue$421,000 Established2011
Cash Flow$160,000 Employees7 full, 4 part
FF&EUndisclosed FranchiseNo
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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, poker tournaments, 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 functioning as the general manager could easily earn over $160,000 per year without making additional changes.
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. The bar is in an improving area near a fairly new hospital and water park. 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 is a tremendous opportunity for a buyer interested in a sports bar at 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.
This outstanding business has the following attributes:
- Great Staff/ Loyal Clientele - Well Known as ‘the' Raiders Bar in Las Vegas
- Grandfathered Gaming License which is Rare and Difficult to Find
- All Equipment and Assets are in Excellent Working Order
- Trained Employees, Bar Manager and General Manager in Place
- Unincorporated Clark County Does Not Charge up to $75,000 for a New Liquor and Gaming License as does the City of Las Vegas
- Huge Upside Potential for an Active Owner Operator
- History of Growing Revenue and Profitability
- 15 Slot Machines with Excellent Slot Route Operator
- Great Financial Records - Seller is a CPA
- Rare Chance to Purchase Growing Las Vegas Bar with Gaming
- Seller willing to Consider an Operating Partner
- A Fraction of the Cost of Normal Entry and Opening a Bar from Scratch
PLEASE NOTE: Seller must approve all potential buyer Profiles with NDA's 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
Training/Support:120 hours over 30 days
Seller Financing:TBD - will carry up to 50%
Sale Reason:Other business interests
Ad #118042
Seller Reference #LASVENV001-N1203
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Alan Horwitz
(702) 364-2551
Name
Email Address
Message