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

Request More Information
Contact the Seller

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

Email, Print & Share

Request More Information
Contact the Seller

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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!