Hot Listing
High Frequency Bar at Planet Hollywood @ Miracle Mile
Business Description
Walkup and sit-down bar
Drink'd is an established, exciting bar in the heart of a heavily trafficked passage in the Las Vegas strip. Set in the Miracle Mile shops of Planet Hollywood hotel, the bar appears to patrons interested in tattoo culture, style, and art. The bar menu, graphics, and promotions lean heavily into tattoo culture to create an authentic connection with patrons and an instant draw for the enormous amount of visitors to Las Vegas who identify with the tattoo lifestyle.
The bar benefits from a high traffic location, just steps from the entrance to the Elara by Hilton, and on the main through passage of the Miracle Mile shops - an attraction which receives over 26 million visitors annually.
The bar has continuously grown revenues since its establishment in 2021, and is on pace to close out 2024 with 7% sales growth. The business is currently investor-managed, and presents a tremendous opportunity for an owner-operator who wants to generate strong cash flow, own their own business, and have fun at work every day.
The bar benefits from a high traffic location, just steps from the entrance to the Elara by Hilton, and on the main through passage of the Miracle Mile shops - an attraction which receives over 26 million visitors annually.
The bar has continuously grown revenues since its establishment in 2021, and is on pace to close out 2024 with 7% sales growth. The business is currently investor-managed, and presents a tremendous opportunity for an owner-operator who wants to generate strong cash flow, own their own business, and have fun at work every day.
About the Business
- Years in Operation
- 4
- Facilities & Assets
- **Own Drink’d: A Unique Tattoo-Themed Walk-Up Bar in Las Vegas**
Located in the bustling Miracle Mile Shops at Planet Hollywood, Drink’d is a high-traffic hotspot combining Las Vegas nightlife with edgy tattoo-inspired vibes. Eye-catching decor, a menu of creative craft cocktails like “Ink on the Rocks,” and event-ready versatility make it an unforgettable experience. With a loyal customer base and prime location, this turn-key opportunity is perfect for entrepreneurs ready to own a standout bar in the entertainment capital of the world. - Website
- https://www.drinkdbar.com
- Market Outlook / Competition
- Drink’d stands out with its tattoo-inspired theme, bold decor, and high-energy vibe, offering a unique experience that sets it apart from typical bars. Its prime location in the Miracle Mile Shops guarantees high foot traffic, while the creative cocktail menu and Instagrammable atmosphere attract tourists and locals alike. Drink’d's edgy concept taps into the rebellious spirit of Las Vegas, giving it a distinct market advantage as a memorable, must-visit destination on the Strip.
- Opportunities for Growth
- Great growth opportunity for Owner or remote owner established business. Great option with current outside tables for foot traffic. Over 450k invested in buildout.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 383
- Rent
- $16,685.00 per month
About the Sale
- Seller Motivation
- expanding into different area
- Transition Support
- On Hand in depth training offered by Manager of venue.
Listing Info
- ID
- 2305179
- Listing Views
- 10698
Listing ID: 2305179 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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