NORTH LAS VEGAS, Nevada
| Asking Price |
$140,000 |
Year Established |
2012 |
|
| Annual Revenue |
$779,995 |
Reason for Selling |
Wants to move back to China. |
|
| Annual P/L |
$120,929 |
Attention |
Carmelita Smith |
|
| Annual Cash Flow |
$0 |
Listing Number |
1008981 |
|
| # of Employees |
8 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This well-established Chinese restaurant, operating successfully since 2012, presents a strong opportunity for both seasoned operators and first-time buyers. Known for its consistent quality and authentic cuisine, the business has built a loyal customer base with a high volume of repeat local patrons.
The restaurant features a clean, inviting dine-in environment that enhances the overall customer experience and supports steady revenue. With gross revenue of $779,995 and net income of $120,929, the business demonstrates solid financial performance.
Strategically located in a high-traffic area with heavy foot traffic, the restaurant benefits from strong visibility and ongoing customer flow. This prime location contributes to its stable performance and future growth potential.
The business has been valued at $200,000 and is now being offered at a discounted price of $140,000, presenting an excellent value for a buyer seeking an established operation with proven success.
NDA and proof of funds required. For a quick response to your inquiry, please contact listing agent Carmelita Smith (RE S.0175095.LLC Business Broker Permit #BUSB.0007258)
Property Features and Assets:
<p>This is a leased location of 2,424 square feet with a Total monthly rent of $10,729. Lease ends 09/2027 with 1 Option of 5 Years. Seller is active with 5 FT and 3 PT employees. Hours of operation are 11am-9pm, 7 days a week. $8,000 in inventory and $90,000 in FF&E included in the asking price. $80,000 made in leasehold improvements. Beer and wine license required. </p>
Market Competition and Expansion:
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