One Of Las Vegas Best Pool Shooters Bars For Sale

Business description

One of Las Vegas’ Best Pool Shooters' Bars according to the owner!

Rack Um! Own this great friendly pool shooters' lounge in Las Vegas that has been owned and operated by the same owner for 27 years – continue the legacy for the next 27 years.

5 Well Kept Pool Tables including a 3 Diamond table, 14 Gaming Machines, Sports Themed Bar, ATM, Jukebox and Electronic Darts round out the entertainment – recurring events keep the customers coming back. Seller states the best part about the clients is they are consistent, loyal and employed! This establishment sits right in the middle of china town, so leveraging the local community/culture would substantially maximize the location and increase revenue says the owner.

NOTE: Gross sales do not reflect the total cash intake taken with the gaming machines. It represents the owners' income from Gaming only. Total Cash intake is substantially higher.

Tavern license is grandfathered in to this location – What that means is the use permit is grandfathered – 50% kitchen open, no other tavern within 1500 feet, min 2000sqft retail, 9 bar stools.

Call Today!

Property information

Real Estate:

Lease

Lease terms:

Month to month lease

Leasehold rent:

$49,200 per annum

Leasehold rent:

$16 per sq ft per annum

Location:

Central Las Vegas, Spring Valley location

Size in square feet:

3,000

Business Operation

Reasons for selling:

Retirement

Trading hours:

24/7

Employees:

5

Years established:

27

Other information

Support & training:

Seller will provide 14 days of training.

Owner financing:

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

Financing available:

OWC $47,500 over 36 months at 6%

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$3,000 (included in the asking price)