LAS VEGAS, Nevada
| Asking Price |
$99,000 |
Year Established |
1996 |
|
| Annual Revenue |
$230,281 |
Reason for Selling |
Too busy to put time into this location. |
|
| Annual P/L |
$0 |
Attention |
Trent Lee |
|
| Annual Cash Flow |
$0 |
Listing Number |
1014797 |
|
| # of Employees |
3 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This established pizza and Italian restaurant has been serving its community for nearly 30 years and offers a rare opportunity to acquire a longstanding neighborhood favorite with strong customer reviews and significant upside potential. The business operates from an approximately 1,600-square-foot space with affordable rent of about $3,900 per month and favorable lease terms that include renewal options.
The menu features New York-style, Sicilian, and Grandma-style pizzas, along with pasta, wings, and homemade sauces prepared fresh in smaller batches. The kitchen is fully equipped with commercial ovens, mixers, fryers, refrigeration, prep stations, and dining furniture, allowing the operation to run efficiently with a lean staff.
The business has historically been family operated, making it especially attractive for an owner-operator, husband-and-wife team, or experienced restaurant group looking to expand. The current owner spends limited time on-site and believes a more hands-on operator could improve margins by reducing labor costs and expanding delivery sales. A favorable online ordering partnership creates additional growth opportunities while minimizing delivery expenses.
The surrounding area includes a strong mix of residential communities, apartments, businesses, and established neighborhoods that generate steady traffic throughout the day. While the business currently operates near break-even, management believes an engaged owner with restaurant experience can unlock additional value through operational improvements, marketing, and increased owner involvement.
The seller is committed to a smooth transition, offering exceptional support and training for 1 week post sale. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.
Property Features and Assets:
<p>This is a leased location of 1,600 square feet with a Total monthly rent of $4,913. Lease ends 06/2029 with 2 options of 5 years. Seller is active with 1FT and 2PT employees. Hours of operation are 11:00 am - 9:00 pm, 6 days a week.<br></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