LAS VEGAS, Nevada
| Asking Price |
$275,000 |
Year Established |
2015 |
|
| Annual Revenue |
$1,172,585 |
Reason for Selling |
Moving out of state |
|
| Annual P/L |
$176,914 |
Attention |
George Karas |
|
| Annual Cash Flow |
$0 |
Listing Number |
996340 |
|
| # of Employees |
7 |
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
A well-established Asian restaurant with a loyal following and excellent reputation in Southwest Las Vegas is now available for sale. Operating for over ten years, this restaurant is known for its traditional and authentic dishes, made with fresh, high-quality ingredients at reasonable prices, all offered in a warm and relaxed setting. This is a prime opportunity for a seasoned operator to elevate the business through focused marketing and expansion efforts, including catering. The seller acknowledges a slowdown in the first half of the year, attributing it to broader economic conditions. However, proactive steps are being taken to boost visibility and sales, including increased advertising and catering initiatives. The seller is open to financing a portion of the purchase price for a qualified buyer and is willing to provide an extended training period to ensure a seamless transition. For a prompt response, please contact the listing broker directly George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847).
Property Features and Assets:
<p><br></p><p>This is a leased location of 2,260 square feet with a Total monthly rent of $8,483. Lease ends 06/2026. Seller is active with 4 FT and 3 PT employees. Hours of operation are 11:00am - 11:30pm, 7 days a week. $5,000 in inventory and $125,000 in FF&E included in the asking price. $175,000 made in leasehold improvements. Other Assets include Sign & Cameras $10,000. Business, Health and Beer & 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