Quick Service American Food Restaurant on LV Strip

Las Vegas, NV
Clark County

West/Central Las Vegas

Asking Price: Annual Revenue:
$120,000 $1,582,762

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Quick Service American Food Restaurant on LV Strip Broker: Edward J. Smith

Quick Facts

Asking Price: $120,000
Annual Revenue: $1,582,762
Net Profit: Not Disclosed
Cash Flow: $43,263
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 18
BBN Listing #: 15405142
Broker Reference #: 101-15740

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Business Overview:

PLANET HOLLYWOOD MIRACLE MILE ON THE LAS VEGAS STRIP - ONE OF A KIND LOCATION! Top non-franchise food in finest prestige casino strip location! Huge foot traffic count - Landlord reports approximately 72,000 people walk thru the Miracle Mile mall every day! Perfect for serious experienced investor or corporate owner! When this is gone, there are no replacements in Las Vegas! Many possible themes! Perfect for national franchises! Seating capacity is approximately 120 with 16 seats on mall walkway (indoor patio) and 25 at bar. Gross sales and total income are actual for 2018 from P&L! Offsite seller feels a hands-on operator is needed to increase revenues. Perfect opportunity for the day and night crowd! Easy access and ample parking! Serious Buyers Only - use theme subject to corporate mall approval. NDA required along with proof of funds. CALL or EMAIL TODAY!!! For the fastest reply to your inquiry, please call listing agent Ed Smith Business Broker 702-274-7320 or use this ad's email reply!

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Property Features and Assets:

This is a leased location of 2,826 square feet with a Total Rent of $46,657. Lease ends 07/2023 with negotiable lease options. Seller is active in the business with 13 FT employees and 5 PT employees. Hours of operation are 10 AM to 12 AM Mon-Thurs and 10 AM to 2 AM Fri-Sun. $9,500 in Inventory and $150,000 in FF&E included in Asking Price. $350,000 made in Leasehold Improvements. Assets include gorgeous interior build-out with great location near parking garage! Liquor License Required.

Reason for Selling:

Other business interests.

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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