Upscale Chinese Kitchen and Mexican Cantina

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$995,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Upscale Chinese Kitchen and Mexican Cantina Broker: Ron Smith

Quick Facts

Asking Price: $995,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $972,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 20
BBN Listing #: 99235142
Broker Reference #: 101-15841

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Business Overview:

Partner's medical issues forces the sale of this recently remodeled 7,075 square feet restaurant, to include high-volume kitchen equipment, new bar, new flooring, upgraded plush dining booths and chairs, new artwork throughout, plus newly remodeled 1,000 square feet 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 features a broad selection from Chinese to Mexican offerings. Dine in the restaurant or relax and dine in the bar and hang out and relax with friends. Located inside one of the greater Las Vegas area's premier shopping malls which enjoys a high foot-traffic count, convenient parking with safe and easy access for dining patrons. Seller states, restaurant currently holds a "supper club" license and with Gaming control Board approval, the location may 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." For additional information, please contact Listing Agent Ron Smith.

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Property Features and Assets:

This is a leased location of 7,075 square feet with a Total Rent of $12,500. Lease ends 06/2028 with two 5 year lease options. Seller is active in the business with 6 Full Time employees and 14 Part Time employees. Hours of operation are Monday - Thursday: 11 AM - 9 PM, Friday-Saturday: 11AM - 10 PM, Sunday: 11 AM - 8 PM. $20,000 in Inventory and $972,000 in FF&E included in Asking Price. $500,000 made in Leasehold Improvements. Assets include approximately 1,000 square feet outside dining area included in lease / Supper club license ! Beer/Wine/Liquor City of Henderson/ Supper Club License Required.

Reason for Selling:

Recent Medical Issue with partner.

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.

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