Business For Sale

Mexican Restaurant with Event Space & Catering!

Las Vegas, NV
Clark County

West/Central Las Vegas


Asking Price: Annual Revenue:
$295,000 $1,350,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mexican Restaurant with Event Space & Catering! Broker: Edward J. Smith

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,350,000
Net Profit: Not Disclosed
Cash Flow: $301,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 20
BBN Listing #: 49355142
Broker Reference #: 101-15770

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Business Overview:

Gorgeous turnkey Mexican restaurant & bar just celebrated 1 year in new location! Great location on most transited road in Las Vegas with ample parking in busy area near Las Vegas Blvd. Features huge outdoor patio, 2 kitchens (main plus catering) separate bar/events area, showcase tortilla factory, and brand new infrastructure (plumbing / electrical / mechanical systems) with provable TI & FF&E in excess of $1.5M spent by Seller. Nice long term lease in place. Can handle big catering, parties, and events! Seating for 135 in restaurant, 80 on patio, and 45 in bar area. Great rewards program in place keeps loyal customers coming back! Optimized website for online ordering for fast lunches. Excellent online reviews! Can add up to 5 gaming slots (subject to licensing - no slots currently in place). Gross Sales & Total Income are estimated and annualized for 2018. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please contact Ed Smith or use this ad's email reply!

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Property Features and Assets:

This is a leased location of 5,887 square feet with a Total Rent of $12,796. Lease ends 02/2032 with two 5 year lease options. Seller is active in the business with 5 Full Time employees, 1 Part Time employee, and 14 Independent Contractors. Hours of operation are 9 AM to 9 PM Sunday - Thursday and 9 AM to 10 PM Friday - Saturday. $3,500 in Inventory and $500,000 in FF&E included in Asking Price. $1,000,000 made in Leasehold Improvements. Assets include gorgeous brand new interior build-out with patio & private party room! Alcohol and Catering License Required.

Reason for Selling:

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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