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- RE: Seafood Kitchen Lounge And Bar In The Heart Of LV
- Contact: Trent Lee
- License #: S.0183611.LLC
Quick Facts
Asking Price: | $299,000 | |
Annual Revenue: | $534,254 | |
Net Profit: | $239,262 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 4 | |
BBN Listing #: | 936399 | |
Broker Reference #: | 101-22850 |
Business Overview:
Presenting an exceptional opportunity to own a thriving Seafood Kitchen Lounge and Bar, strategically located in the vibrant heart of the Las Vegas Arts District. This establishment, boasting an impressive net income of over $235,000, represents a lucrative investment in the bustling culinary scene of Las Vegas. Just a year ago, this venue underwent a complete renovation and rebuild, transforming it into a state-of-the-art facility. The location is nothing short of prime, drawing in a steady flow of patrons attracted to the area's cultural vibrancy. Complementing its superb location, the lounge and bar feature exquisite decorations, setting a high standard in ambiance and dining experience. This is more than a business; it's a chance to be at the forefront of the Las Vegas dining scene, in a location that promises both prestige and profitability. If you have the passion and experience to lead a top-tier dining establishment, this Seafood Kitchen Lounge and Bar offers the perfect blend of challenge and opportunity. The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.Â
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Property Features and Assets:
This is a leased location of 2,560 square feet with a Total monthly rent of $6,144. Lease ends 3/2027 with One 5-year options. Seller is active with 4 PT employees. Hours of operation are 11am – 11pm Monday to Thursday, 11am – 12am Friday & Saturday and 12pm – 8pm Sunday. $10,000 in inventory and $250,000 in FF&E. $300,000 made in leasehold improvements. Beer/Wine and Liquor license required.
Reason for Selling:
Seller wants to franchise. Will open other locations.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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