Popular Bar, Grill and Hookah Lounge

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Asking Price:
$215,000

Gross Revenue:
$480,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$300,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This popular bar/grill and hookah lounge has 20 Screens and 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

About the Business

Location:
Las Vegas, Nevada
Year Established:
2018
Number of Employees:
8
Facilities:
This is a leased location of 5,600 square feet. Seller is not active in the business with 8 PT employees. Hours of operation are 4 PM to 2 AM, Tue-Sun. $20,000 in Inventory and $300,000 in FF&E included in Asking Price. $45,000 made in Leasehold Improvements.
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About the Sale

Reason For Selling:
Seller moving back to Africa
Training/Support:
14 days, not to exceed 30 hours per week
Seller Financing:
$100,000 down, rest of the balance over 36 months at 8%

Listing Info

ID:
1612629
Ad Detail Views:
0

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Business Listed by

Trent Lee

First Choice Business Brokers
License# S0183611

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Sponsoring Broker:

Jeff & Linda Nyman
First Choice Business Brokers
License# B.0034047/BS.0034179.MGR

U.S. Census Data for Clark County, NV
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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