Business Overview:
The Opportunity is here, so you must act Fast, A Las Vegas Landmark Restaurant location is available. Sale does not include the name or phone number. The sale price is well below the value of the assets! This Location has successfully operated as a fine dinning Italian Restaurant since 1985. Revenues have steadily increased for the past 6 years; gross sales in 2008 were $3,004,813. The facility is located on West Flamingo Rd with exceptional street frontage. which includes state of the art Wine Cellar, 2 different level dinning areas, fully equipped kitchen, bar and Lounge area, and recently improved marble Male / Female bathrooms and red wood mill finished private dinning/ meeting room. This opportunity also includes a 960 square feet office facility conveniently located directly behind the restaurant which is also used for storage space. The office base rent is $1,659, expires February 2020 with 2-10 year options. This Family owned and operated business spared no expense over the years spending over $2 million in improvements and within the last 8 months over $100,000. This location, the architecture and design along with the full service attention the owners gave each guest has created a destination site at an off the strip location, which is a Challenging Accomplishment in itself. Bring your creative concept and further develop their achievements with this award winning turnkey restaurant location. Contact Sunshine, C# (702) 491-9362, or Randy C# (702) 375-3329..
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Great west side location. The space is 4,716 square feet. The total rent is $16,000; the lease expires in February 2020 with 2-10 year options. The landlord states that with a qualified buyer he will write a new lease with current per. Sq. Ft. prices.
Reason for Selling:
The seller is moving to a larger location.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.