Owner Financing is Available
Business Overview:
Why take the risks of opening a new restaurant, when you can own two already established and profitable? This opportunity would be ideal for the business owner looking to establish an authentic Italian restaurant chain throughout Las Vegas! A huge plus is the seller says he has successfully built these businesses to operate whether he was there or not, and an active buyer could reasonably increase sales at least 10% in a short amount of time with a more active role. The seller also says that if a buyer were able to increase sales to 2008 levels, and the gross profit reaches $25,000 per week again in each restaurant, the profit margins will be around 50% on all sales after that. Both restaurants have become well known and are extremely popular throughout Las Vegas. Dinner reservations are recommended. Per request of the seller, financials to be released to potential buyers upon formal meeting of the seller.
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:
Lease Location with two locations 6,063 with a total rent for both locations at $11,254. There are 40 full time employees and leasehold improvements of $153,511. The hours of operation are 10-9pm.
Reason for Selling:
Other Business Interests
Additional Details:
- The property is owned.
- 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.