Full Service Latin Kitchen & Cantina w/Service Bar

Las Vegas, NV
Clark County

Vicinity of Las Vegas "Strip"

Asking Price: Annual Revenue:
$750,000 $1,851,106

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full Service Latin Kitchen & Cantina w/Service Bar Broker: Ron Smith

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,851,106
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 43
BBN Listing #: 68565142
Broker Reference #: 101-15765

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Business Overview:

Locally owned and operated Latin & Mexican Cuisine Restaurant within a few blocks of “Las Vegas Strip.” 4000 square feet with 2000 square feet outside patio. Space features towering ceilings, 35-foot-tall floor-to-ceiling windows and a relaxing outdoor patio with gorgeous Strip views. Drawing an enthusiastic mix of tourists and locals alike, the restaurant is an easy stop for anyone coming from the Las Vegas Convention Center or nearby “Las Vegas Strip” resorts. A bustling open kitchen adds action and excitement to the dining room. Currently licensed for beer, wine and liquor. Gaming is available for new operator who qualifies. Seller says, assets of restaurant valued at more than asking price. Net revenue discussed with qualified buyers only. Health issue forces sale. For additional information contact listing agent Ron Smith.

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Property Features and Assets:

This is a leased location of 4,000 square feet with a 2,000 square feet outside patio and a Total Rent of $24,000. Lease ends 06/2027 with two 5 year lease options. Seller is active in the business with 8 Full Time employees and 35 Part Time employees. Hours of operation are 11 AM to 10 PM Sunday - Friday and 11 AM to 11 PM Saturday. $25,000 in Inventory and $750,000 in FF&E included in Asking Price. $600,000 made in Leasehold Improvements. Beer, Wine, Liquor License Required. Gaming License available for minimum of 5 machines on approval.

Reason for Selling:

Health Issue.

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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