LAS VEGAS, Nevada
| Asking Price |
$179,000 |
Year Established |
2022 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Prioritizing Other Ventures |
|
| Annual P/L |
$0 |
Attention |
Trent Lee |
|
| Annual Cash Flow |
$0 |
Listing Number |
1011341 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This is a turnkey Asian-concept restaurant opportunity located in one of the most foot-traffic-heavy cultural districts in the Las Vegas valley. The space is a fully built-out 3,250 square foot location with a complete kitchen, dining room, and bar setup, ready for a new operator to step in without the cost or time of building from scratch.
The current lease is on a month-to-month basis with a renewal option available, giving a new buyer the flexibility to negotiate fresh lease terms directly with the landlord. The landlord has shown a willingness to keep rent stable, which gives the next owner a strong starting point on their cost structure.
The business currently runs with four full-time and two part-time team members, including the owner-operator. Sales grew year over year until the recent Las Vegas market slowdown, which has affected restaurants across the city. The concept itself is solid, with a loyal customer base built over time. A new owner could keep the existing menu and focus on marketing to drive growth, or bring in a fresh concept if they prefer a different direction.
This is an asset sale opportunity, which includes equipment, fixtures, and inventory. The liquor license does not transfer and will need to be applied for by the new owner.
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. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).
Property Features and Assets:
<p><br></p><p>This is a leased location of 3,250 square feet with a Total monthly rent of $7,424. Lease is month to month. Seller is active with 4 FT and 2 PT employees. Hours of operation are 12:00 pm - 10:00 pm, 5 days a week. $14,000 in inventory included in the asking price. </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