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Business For Sale
RESTAURANT FOR SALE - FINE DINING GROSS $2M+/YEAR
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Asking Price: |
$550,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other business interests. |
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Year Established:
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1988 |
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# of Employees:
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30 |
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Yearly Revenues:
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$2,3000,000 |
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Yearly Cash Flow:
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$200,000 |
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Yearly EBITDA:
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$200,000 |
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Yearly Net Profit:
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$200,000 |
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Yearly Gross Income:
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$230,0000 |
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Monthly Payroll:
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$43,000 |
Business for Sale Overview:
Long established fine dining steak and seafood house. Open for dinner only. Strong management in place. On busy street, 2 1/2 miles from Strip. "A Las Vegas Landmark". This is a one-of-a kind, outstanding restaurant for sale.
Property Features and Assets:
Beautiful free standing building with ample parking. All FF&E in first class condition. Very unique interior that draws patrons from around the world year after year.
Market Competition and Expansion:
Opportunity to open for lunch and business has a grandfathered tavern license which can accommodate up to 15 slot machines.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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