HOSPITALITY AND ENTERTAINMENT:

Prime Source Hospitality, Dining and Entertainment Division 

Prime Source Commercial LLC offers clients and partners brokerage and consulting services in the areas of hotels, restaurants, taverns and casino brokerage opportunities, opinion of value, cost segregation, project consulting, acquisition and disposition strategies.

Our team partners are considered some of the best in the business.  We put you together with people in the know!  We are an outsourcing company for those who are putting a team together and want Vegas contacts and assistance in this specialized field.

Considering opening a new or acquiring an existing casino, restaurant, tavern or hotel in Las Vegas or Southern Nevada?  We can assist you and your company with introductions to gaming and nightclub experts, property searches, casino financing, theme development, site selection, due diligence, and planning an acquisition strategy. Our emphasis is on individual, personalized consultations. 

          Dining:  Las Vegas has witnessed nothing short of a dining revolution starting in the 1990's.  Las Vegas is the only city, apart from Atlantic City and New York, to have more than one five-star restaurant.  This means that you can now eat better in Vegas than in almost any other resort town in the World.  Prime Source Commercial is proud to be associated with some of the best in the business when it comes to site location, feasibility analysis, design-build and restaurant concept marketing.  A meal in one of our finer restaurants can be an adventure.  Whether you choose to dine at an over-the-top, all-you-can-eat buffet or one of our chic find dining establishments, it is likely to be an experience you won't forget soon. There are 34 celebrity chefs currently staking a claim on the boulevard's casino corridor.  Las Vegas plans to continue to be a mecca for big chefs and restaurants for years to come.

         Entertainment:  Las Vegas is the world's top destination, featuring some of the best nightclubs  anywhere. The night scene in Las Vegas is unlike any other anywhere.  If you really want to party, Las Vegas is the place.  Most nightclubs are associated with the strip hotels. Many of these clubs are the finest you will find anywhere in the world.  Clubs come and go.  Staying on top and in demand can mean millions to your bottom line.  Keeping it fresh and original is the challenge.  If you want to know what is going on with the Vegas nightclub scene, are interested in investing in a hot new club, we can introduce you to some of the top talent in Vegas for design and operations.         

 Taverns:  The right location, theme and management go a long way towards guaranteeing success in a new tavern. These little gold mines have popped up all over the valley.  Most locations demand a 1,500-foot separation requirement between taverns. We can walk you through the tavern requirements for a liquor license and gaming license as well as help you with your location suitability requirements.  From time to time existing taverns come on the market for sale.  Whether you are in the market to develop a new tavern or buy an existing one, "Prime Source" is recognized as one of the experts in the field.

 Hospitality:  Las Vegas has more hotels rooms than any other city in the world. More than 36 million casino, shopping and entertainment-bound visitors arrive every year to enjoy some of the world's largest, and most elaborately furnished hotels anywhere (the city has 18 of the 21 biggest hotels in the world). Las Vegas has carved a secure niche for itself as a destination for national and international tourists, a winter sojourn for snowbirds from the north and east; a weekend getaway for gamblers; and convention central for millions of convention goers annually.  Las Vegas has expanded at a ferocious pace for the past 10 years, during which more than 75,000 hotel rooms have been added. Room rates are rising, yet vacancies are still low and the demand for more rooms, so far, have not been met. 

Have A Property Or Business Opportunity To Sell?  Let Prime Source prepare a marketing plan custom designed for your specific needs.  Each hospitality, casino or tavern listing receives a custom marketing program designed to confidentially and professionally offer our clients' properties to a targeted base of qualified buyers. Your property will be thoroughly researched to include a detailed financial and property description, professional photography and valuable market information. 

Buying Property Becomes Easier  When You Let Us Handle The Details.

For those seeking existing property to purchase, our buyer representation services are designed to assist you in locating and acquiring suitable properties for investment. In many cases, our exclusive buyer’s representation services can be structured at no cost to our clients. (When the seller pays the brokerage fee which is a normal part of most real estate transactions except hotels and casinos.)

Our Contacts And Understanding Of The Hospitality And Entertainment Real Estate Aspects Of Las Vegas Are Two Big Assets To Our Clients.

Prime Source Commercial’s active "hands on" participation in hotel, restaurant, tavern, nightclub and casino acquisitions, management and property sales provides extensive marketplace knowledge to our clients. Our services can assist you in searching the market for property to purchase. And then, at your direction, we will guide and support your evaluation, negotiations and closing. We can assist you in the acquisition of key personal for your business or help in setting up the theme and look of your new venture.  In addition, our solid relationship with banks, insurance companies and mortgage brokers can assist you in locating the required financing to complete your acquisition.

Prime Source Commercial LLC Is Recognized As One Of The Premier Service Providers In The Field Of Dining Hospitality And Entertainment In Las Vegas. 

The inception of Prime Source Hospitality and Entertainment Division was due in part to our growing legacy of excellence in assisting clients to achieve their goals related to asset valuation, consulting, property acquisition, sales and financing.

The hospitality and entertainment real estate brokerage division was conceived based on the principle that because of our network of industry experts, clients could tap into this network and by working together gain valuable insight into the sale, selection, development, and financing of select hospitalities, restaurants, casinos and taverns throughout Southern Nevada. This division is supported by various experts in every field of the hospitality industry, including operations, brokerage, advisory, production, evaluation and financial capacities.

In our capacity, we are able to support a clients desire to sell or acquire property.  As consultants we can introduce clients to local key contacts by tapping into our network of industry professionals with the knowledge of design/build, financing, planning, acquisition of key personnel and the study and understanding of markets and trends on our client’s behalf. This combination of talents has strategically placed Prime Source Commercial LLC as a veritable partner to each of our clients due to the unrivaled experience, key contacts and sound market knowledge that we possess locally.   

Contact Us Today For A Free Initial Consultation.  Put Us To Work For You !

Terry Barone, Broker