Highly Profitable Turn Key Mediterranean Restaurant

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Asking Price:
$125,000

Gross Revenue:
$415,140
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$4,500
included in asking price

FF&E:
$55,000
included in asking price

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Business Description

This is a turn key business opportunity to take over a top Yelp rated Mediterranean casual concept in the very popular Spring Valley/West Side of Las Vegas. The current owner is forced to sell due to health reasons. The 3000 sq. foot restaurant has tons of potential. It has high ratings and reviews online. The seller states that with the addition of a beer and wine license, the new buyer would see greater bottom line income. Seller also states adding a Catering component to this business would be great as they are currently turning away catering business due to seller's health. Seller will review income with qualified buyers. For more details, contact Listing Agent Kathleen Nichols at 702-461-9057 or email kathleen@fcbb.com.

About the Business

Location:
Las Vegas, Nevada
Year Established:
2016
Number of Employees:
4 FT
Real Estate:
Leased
Building Sq. Ft.:
2,923
Rent:
$6,600.00 Per Month
Facilities:
This is a leased location of 2,923 square feet with a Total Monthly Rent of $6,600. Seller is active in the business with 4 FT employees. Hours of operation are 11am-9pm Monday thru Saturday. A Food Truck wrapped in company logo is available for an additional $40,000.

Inventory $4,500;
FF&E $55,000;
Leasehold Improvements $150,000
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About the Sale

Reason For Selling:
Health issues force sale
Training/Support:
2 weeks
Seller Financing:
$25,000 carried for 2 years at 6%

Listing Info

ID:
1633743
Ad Detail Views:
0

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Business Listed by

Kathleen Nichols

First Choice Business Brokers

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Sponsoring Broker:

Jeff & Linda Nyman
First Choice Business Brokers
License# B.0034047/BS.0034179.MGR

U.S. Census Data for Clark County, NV
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Clark County, NV
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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