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Central Las Vegas

  • Listing No.: 101-15871

  • Category: Food - Restaurant

Asking Price $215,000
Down Payment $0
Gross Revenue $480,000
Total Adjusted Net Income $120,000
Equipment/Fixtures $300,000
Year Established 2018
General Location Central Las Vegas
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This popular bar/grill and hookah lounge regularly gets 80-100 people on weeknights and 180-250 on weekends. The atmosphere is a cool trendy hookah lounge with full service restaurant and a massive bar that seats over 30 people. They have 13 private hookah tables and was voted #1 Urban Lounge in Las Vegas. Seller will allow buyer to be on site for 7 days to verify cash revenue. Currently, they are only open for dinner and evening entertainment. A new buyer could open for breakfast and lunch to increase revenue. Outstanding Reputation and Reviews Stable and Growing Industry. For more information including a detailed confidential opportunity summary with financial information and photos, please email Trent Lee at trent@fcbb.com.

Gross Revenue $480,000 Listed Price $215,000
Total Income $120,000 Down Payment $0
Base Rent $12,644 Square Feet 5600
Total Rent $12,644 Lease Expiration 7/2021
Rent Deposit $12,644 Lease Options 1/3 years
Inventory $20,000 Leasehold Improvements $45,000
Equipment/ Fixtures $300,000 Other Assets
Full-Time Employees 0 Training Period 14 days
Part-Time Employees 8 Special License Required full bar, super-club, specialty use tobacco license.
Contract Staff 0 Reason for Selling Seller moving back to Africa

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.