Legendary Vegas Bar Near the Strip For Sale

Business description

The new owner will become an instant Vegas insider with annual gaming income of over $1 million. In an era where bars come and go quickly, this charismatic venue dates back to the Rat Pack and has a strong following of eternally loyal regulars. The bar is a well know Vegas destination recommended by Trip Advisor as Things to Do in Las Vegas – rated higher than Seigfried and Roy’s Secret Garden, Jubilee, and Barry Manilow’s Music and Passion! Maxim recognized this bar in their national Night Fever! survey of the 24 best places in the country from 6 PM to 5:30 AM (the only Vegas venue included). Esquire Magazine will feature this tavern in their June 2008 issue. Rated #1 by City Search Las Vegas as the Best Dive Bar in 2006, and nominated again in 2008. It made Las Vegas Weekly’s Top 10 'Neighborhood Bars' List. A Miller Beer commercial was filmed here. It was given the #4 rating by Las Vegas City Life in their 2008 list of “Seven Great Places to Drink on the Cheap”. This bar does not compete with the glitz of the strip. It is the nostalgic alternative.

This 24 hour operation is a great opportunity for a seasoned operator. Locals crowd by day, working swarm in the evenings, and tourist/college throng at night. UNLV with 31,000 students is 4 minutes away and McCarran Airport is 9 minutes. The mega mall across the street, with 140 retail shops, offers ample overflow parking. The adjacent boulevard has over 40,000 AADT count. Why would anyone want to sell this place? How about semi-retiring to a charter boat business in Mazatlan? This is a West Coast Brokerage Group, Inc. listing.

Property information

Real Estate:

Lease

Lease terms:

Hours: 24/7 50 seats 20 parking Tavern License 1000 sq ft $3750/mo Expires 2010 + 5 years

Other information

Trading hours:

24/7

Contact the seller