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Greater Las Vegas Area

  • Listing No.: 101-15841

  • Category: Food - Restaurant

Asking Price $595,000
Down Payment
Gross Revenue
Total Adjusted Net Income
Equipment / Fixtures $972,000
Year Established 2018
General Location Greater Las Vegas Area
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Partner's medical issues forces the sale of this recently remodeled 7,075 sq. Ft restaurant, toinclude high-volume kitchen equipment, new bar, new flooring, upgraded plush dining booths and chairs, new artwork throughout, plus newly remodeled 1,000 sq ft. outside patio. Seller says, remodeling costs far exceeding the asking price for this upscale restaurant. The sellers have created a high-end relaxing ambiance atmosphere with affordable pricing. The menu offers a selection of traditional Mexican food and drink offerings. Seller states, restaurant currently holds a "supper club" license and with Gaming control Board approval, the location could qualify for (5) five Gaming machines. Seller indicates, the possibility of (15) fifteen Gaming machines if new buyer desires to apply and is approved for a "tavern license." Seller willing to offer "Seller Financing" to qualified Buyer and a significant sales price discount to "all cash" buyer. Excellent opportunity for Chef or partners looking for upscale restaurant location.

Gross Revenue Listed Price $595,000
Total Income Down Payment
Base Rent $12,500 Square Feet 7075
Total Rent $12,500 Lease Expiration 6/2028
Rent Deposit Lease Options 2 5 year
Inventory $20,000 Leasehold Improvements $500,000
Equipment / Fixtures $972,000 Other Assets Approx 1000 sq.ft outside dining area incl in lease / Supper club license
Full-Time Employees 6 Training Period 14 Business Days
Part-Time Employees 14 Special License Required Beer/Wine/Liquor City of Henderson/ Supper Club Lic
Contract Staff Reason for Selling Recent Medical Issue with partner

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.