Chinese Restaurant Specializing in Seafood Dishes

Las Vegas, NV
Clark County

Las Vegas / Chinatown


Asking Price: Annual Revenue:
$80,000 $2,087,284

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Chinese Restaurant Specializing in Seafood Dishes Broker: Trent Lee

Quick Facts

Asking Price: $80,000
Annual Revenue: $2,087,284
Net Profit: $78,290
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 40
BBN Listing #: 30275142
Broker Reference #: 101-16204

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Business Overview:

Chinese Seafood restaurant in the heart of Las Vegas China Town. This is a very well established business and does over 2 million per year but is family run with many family members on payroll thus lowering the reported net profit. Food cost are under control and reasonable but a new owner will need to replace the family with a much lower, market rate employees which will boost profit by, according to the seller, over $250,000. Ideal buyer is someone with restaurant experience who can get payroll cost under contract and reap the benefits of purchasing a highly profitable business at a very discounted price. All revenue is verifiable on filed tax returns. For more information including a detailed confidential opportunity summary with financial information and photos, please email Trent Lee. Please use email reply button of this ad to contact us.

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Property Features and Assets:

This is a leased location of 6,825 square feet with a Total Rent of $33,870. Lease expires this year with One 6 year lease options. Seller is active in the business with 25 Full Time employees and 15 Part Time employees. Hours of operation are 9 AM to 2 PM, Monday - Sunday. $5,000 in Inventory and $100,000 in FF&E included in Asking Price. $150,000 made in Leasehold Improvements.

Reason for Selling:

Seller is retiring.

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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