Semi Absentee Italian Restaurant With A Sold Out
Las Vegas, NV Clark County
Las Vegas
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- RE: Semi Absentee Italian Restaurant With A Sold Out
- Contact: Trent Lee
- License #: RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $3,048,543 | |
| Net Profit: | $70,512 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 45 | |
| BBN Listing #: | 1014515 | |
| Broker Reference #: | 101-25644 |
Business Overview:
This family owned Italian restaurant has spent about eleven years building a loyal local following by making its food from scratch. The menu covers homemade Italian classics served at lunch, happy hour, and dinner. Guests can dine in, order takeout, use delivery, or book catering. The space runs about 4,000 square feet with two kitchens and a full bar.
The bar has become a draw of its own, with regular crowds and Thursday nights that often sell out.
About forty five people keep the place running. The executive chef, general manager, and bar manager have been in place for years and handle daily operations. The owner works around ten hours a week doing general oversight.
The restaurant sits in a fast growing suburban market with new homes and businesses arriving each year. Profits have been soft, matching the industry, so there is room for an operator who pushes catering, delivery, and private events. The owner is selling for health reasons.
The ideal buyer is an experienced restaurant operator or a small restaurant group that wants a trained team on day one. A liquor license and standard permits are required.
The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.
For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This is a leased location of 4,696 square feet with a Total monthly rent of $12,679. Lease ends 06/2029 with 1 option of 5 years. Seller is active with 22FT and 23PT employees. Hours of operation are 12:00 - 9:00 pm.
Reason for Selling:
Prioritizing health and family commitments. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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