No photo available
Mar 16, 2020 — 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 broker.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.