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Business For Sale

Upscale Fine Dining Restaurant With Superior

Las Vegas, NV, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$2,500,000
1988
52 Full Time, 1 Part Time
2435142
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$4,250,000
$377,700
Not Disclosed
Not Disclosed

Business for Sale Overview:

Magnificent upscale fine dining establishment with separate off-site catering facility! Nice balance of local repeat customers and tourist traffic from around the world! Strong emphasis on the total dining experience for guests with superb cuisine, excellent service, and plenty of drinks! Business consistently grosses between $4-5mil annually with over $1mil in beer/wine/liquor sales! Prime west side location caters to affluent local crowds and businesses, but is only minutes from the Strip for tourists. Increase sales by promoting catering to small and mid sized businesses and booking more events! Gross Sales and Total Income are estimates for 2009 based on 2008 figures along with reductions in cost of goods and payroll expenses for a new owner. Possible addition of five slots (variance required) could increase income even more, as per Seller. Great internet presence! When this one is gone, it's gone! These types of businesses are rare in number and not frequently for sale.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

Leased Location is 6,720 square feet with a total rent $17,647. The Seller is active in the business with 52 Full Time Employees & 1 Part Time Employee. There is $150,000 in Leasehold improvements, $20,000 in Inventory & Fixtures and Equipment $250,00. The hours are 11:30-2:30 / 5:30-12 Mon-Sun.

Reason for Selling:

wants to spend more time with kids

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Upscale Fine Dining Restaurant With Superior
Business Listed By:
Edward J Smith Ltd
First Choice Business Brokers - NV
contact the seller
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