Banquet Hall and Events Center
Las Vegas

Great Opportunity to acquire an events venue in downtown las Vegas NV. A stylish and sophisticated stand alone 8000 square foot Building in the booming wedding district with a top of the line LED lighting system, Five Star Menes, great sound system, HDTV monitors, HDTV Electric Rear Projector Screen 220” Diagonal (108” x 192”), 2 Performance Stages, Dance floors and more. Top of the line decor and over $500,000 in equipment.  Great opportunity to host convention events and local parties. Seller states there is $500,000 in booked events over the next year and seller will train for a smooth transition.

Listing Number:

21100

Category:

Leisure/Entertainment

Location:

Las Vegas

$2,220,000

Financial Information:

Gross Revenue:

$3,653,233

Listed Price:

$2,220,000

Down Payment:

$2,000,000

Total Income:

$733,330

Year Established:

2018

Lease Information:

Square Feet:

9000

Total Rent:

$9,911

Lease Expiration:

12/2029

Lease Options:

1 / 5 years

Asset Information:

Leasehold Improvements:

$1,000,000

Equipment / Fixtures:

$500,000

Inventory:

$60,000

Other Assets:

Computers, Sign and Cameras $15,000

Additional Information:

Full-Time Employees:

10

Part-Time Employees:

6

Special License Required:

Business, Health

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Relocating out of state

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Edward Smith
Office: (702) 368-2500 | Cell: (702) 274-7320
License #: BS.0038345.PC

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Banquet Hall and Events Center
Las Vegas

Listing Number:

21100

Category:

Leisure/Entertainment

Location:

Las Vegas

Listed Price:

$2,220,000
brokerPhoto
Edward Smith
Office: (702) 368-2500 | Cell: (702) 274-7320
License #: BS.0038345.PC
Great Opportunity to acquire an events venue in downtown las Vegas NV. A stylish and sophisticated stand alone 8000 square foot Building in the booming wedding district with a top of the line LED lighting system, Five Star Menes, great sound system, HDTV monitors, HDTV Electric Rear Projector Screen 220” Diagonal (108” x 192”), 2 Performance Stages, Dance floors and more. Top of the line decor and over $500,000 in equipment.  Great opportunity to host convention events and local parties. Seller states there is $500,000 in booked events over the next year and seller will train for a smooth transition.

Financial Information

Gross Revenue:

$3,653,233

Listed Price:

$2,220,000

Down Payment:

$2,000,000

Total Income:

$733,330

Year Established:

2018

Lease Information

Square Feet:

9000

Total Rent:

$9,911

Lease Expiration:

12/2029

Lease Options:

1 / 5 years

Asset Information

Leasehold Improvements:

$1,000,000

Equipment / Fixtures:

$500,000

Inventory:

$60,000

Other Assets:

Computers, Sign and Cameras $15,000

Additional Information

Full-Time Employees:

10

Part-Time Employees:

6

Special License Required:

Business, Health

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Relocating out of state

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.