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Center Strip

  • Listing No.: 101-16070

  • Category: Bar/Liquor

Asking Price $1,000,000
Down Payment $800,000
Gross Revenue $455,493
Total Adjusted Net Income
Equipment / Fixtures $180,000
Year Established 2013
General Location Center Strip
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This is your opportunity to invest in Bar/Venue/Gaming space that is Las Vegas Strip adjacent and close to many casino locations. The location has 15 gaming machines in place. This venue is currently operating as Bar/Cocktail/Gaming lounge with large events and great venue space. There are many successful events already running at the location but a new owner could maximize on the convention/wedding/reception business by selling the iconic retro themed bar atmosphere. Seller has made a huge investment on build-out and the business concept is turn key. Location is near some major casinos that are completely re-branding at this time, the area is set to grow with all the strip revitalization in the area and it is very close to wedding row on the Famous Las Vegas Strip.

Gross Revenue $455,493 Listed Price $1,000,000
Total Income Down Payment $800,000
Base Rent $3,461 Square Feet 3296
Total Rent $5,726 Lease Expiration 4/2024
Rent Deposit $7,000 Lease Options 1 / 5 years
Inventory $5,000 Leasehold Improvements
Equipment / Fixtures $180,000 Other Assets Rights to iconic vintage Vegas Hotel brand.
Full-Time Employees 7 Training Period 5 business days
Part-Time Employees 3 Special License Required Liquor
Contract Staff Reason for Selling Other interests

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.