Established 30 Years Tavern 15 Slots

Location: United States -> Nevada -> Las Vegas
Industry: Bars and Nightclubs > Bars and Pubs

The price has been reduced from $495,000 to $399,000. This is a ”profitable” west side neighborhood tavern which has been established for 30 years, operated by the present owner for the last 10+ years. Offered for sale due to the owners health issues. There is a full kitchen, and a dining area, with seating for approx 100 people. They do an excellent lunch, and take out business. There are 15 slot machines, and 1 pool table. Their gaming contract calls for an 80/20 split. They have 2 other amusement only machines. The value of the *furniture, fixtures, & equipment is $100,000, and tenant improvements is $200,000. There is one key employee that has been there for 9 years, and would like to stay on. Financials as well as other related information will be provided to serious qualified buyers. Priced low for a fast sale. All written offers will be considered. Contact for more information on this Tavern for sale.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: EBITDA
Inventory: Includes tenant improvements $300000.
Seller Financing: Not Disclosed

About The Business

Year Established: 1976
Number of Employees: 4 – 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Management Training and Support: 2 weeks.
Reason For Selling: Health issues.