Seafood Kitchen Lounge and Bar in the Heart of Las Vegas Arts District. Netting Over $235,000
Las Vegas, Nevada
| Asking Price: |
Gross: |
Cash Flow: |
| $299,000 |
$534,254 |
$239,262 |
Furniture and Fixtures Value:
$250,000 ( not included in the asking price)
Inventory Value:
$10,000 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
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 business is ideally suited for a buyer with restaurant management experience, ready to step into a full-time owner-operator role. The current owner's active involvement has been a key factor in its success, and a similar hands-on approach by the new owner would be essential to continue its profitable operation.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.For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at [email protected].
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| Year
Business was Established: 2021 |
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| Number of Employees:
4 PT |
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| Facilities / Terms of Lease:
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. |
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willing to finance:
$60,000 down payment with seller financing over 24 months at 8% for the remaining balance. |
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| Owner
willing to train:
14 days |
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| Reason for selling:
Seller wants to franchise. Will open other locations. |
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| REQUEST MORE INFO |
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