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Seafood Kitchen Lounge And Bar In Las Vegas For Sale

Las Vegas, Nevada, US
Asking Price:
$299,000
Sales Revenue:
$534,254
Cash Flow:
$239,262

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 continuing 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

Property Information

Real Estate:

Lease

Lease Terms:

Total monthly rent of $6,144

Premises Details:

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.

Business Operation

Trading hours:

11am – 11pm Monday to Thursday, 11am – 12am Friday & Saturday and 12pm – 8pm Sunday

Employees:
4 PT
Years established:
2

Other Information

Support & training:

14 days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$60,000 down payment with seller financing over 24 months at 8% for the remaining balance.

Furniture / Fixtures value:
$250,000
Inventory / Stock value:
$10,000