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- RE: Absentee Owner Well-Known LV Tourist Attraction
- Contact: Trent Lee
- License #: S.0183611.LLC
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $1,046,994 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $250,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 10 | |
BBN Listing #: | 934782 | |
Broker Reference #: | 101-22777 |
Business Overview:
Prime Investment Opportunity: Iconic Las Vegas Tourist Attraction Located on the Famed Las Vegas Strip within The LINQ Promenade. Owner is absentee and lives out of state. Location is everything, and this business boasts an unparalleled setting that attracts an impressive 20.4 million visitors. Remarkably, the business thrives without any advertising, thanks to its high foot traffic.Initial Investment Value: The current owners have invested over $700,000 in top-notch buildout, furniture, fixtures, and equipment, setting the stage for immediate profitability. No Prior Experience Required: The seller offers comprehensive training, ensuring a seamless transition into this easy-to-learn industry. With a dedicated team and proven processes in place, a new owner can step in and be profitable from day one. Staff Continuity: The experienced and committed staff are willing to stay on, providing a stable foundation for continued success. For an in-depth confidential opportunity summary, complete with financial details and photos, please fill out the form on this page. The Non-Disclosure Agreement (NDA) will be emailed to you promptly, unlocking the door to this exceptional investment opportunity. For a quick response to your inquiry, please contact listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) through reply to this ad button.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a leased location of 6,600 square feet with a Total monthly rent of $35,000. Lease ends 06/2025 with one 5-year option. Seller is active with 1 Full Time and 9 Part Time employees. Hours of operation are 10 AM–12 AM Monday to Sunday. $250,000 in FF&E included in the asking price. $300,000 made in leasehold improvements.Reason for Selling:
Seller lives out of state, they are not local to operate & focus.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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