Established and upscale banquet hall

Las Vegas, NV

Seller Financing Available

Established Banquet Hall
Asking Price:$80,000
Gross Revenue:$350,000
Rent:$11,000/Month
FF&E:$30,000
Cash Flow:$100,000
Inventory:$30,000
EBITDA:$200,000
Established Year:2022
BUSINESS DESCRIPTION

Established, newly renovated banquet facility , with 4.7 Google review ranking.
Buyer can assume ranking and the business name if desire. Must honor the existing booking about $50,000 to $80,000 confirmed bookings.
Full signage street exposure to one of the busiest street in Vegas , West Sahara Ave . Located in a very upscale, neat complex right out side of Summerlin.
Business has been great, can be twice to three times bigger bigger with more endeavor from new owner.
It is currently Owner Occupied property, therefore lease is available to extend or have a new lease. Owner finance is available.
Please text message interest to Rachel at 702-338-7266. Thank you.


DETAILED INFORMATION
Location
Las Vegas, NV
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,500
Lease Expiration
30/11/2027
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully renovated, bar lounge permits and licensed
Competition
Great opportunity
Growth & Expansion
Very easy to grow
Financing
Yes
Support & Training
On site training, existing staff can stay for the operation of business
Reason for Selling
Retire , relocate to overseas

BUSINESS LOCATION
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Rachel Chen
Rachel Chen