Asking Price: $779,000 Gross Revenue: $3,051,372Cash Flow: $129,268 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $30,000 included in asking priceFF&E: $950,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Unbelievable! Lunch, dinner, late night dining, entertainment, night club with gaming all in 8,700 sqft located on a hot corner! Buy for 25% of the cost to build new! Minutes away from the Las Vegas Strip! Long established restaurant with separate full bar & 15 slots in freestanding building with corner position on major busy intersection! Great for any kind of nightclub or sports bar! Great floor plan, big kitchen with well-maintained equipment, and private event room! Impeccably clean! Does nice catering & events business as well! SALE IS HIGHLY CONFIDENTIAL - DO NOT SPEAK TO EMPLOYEES! E2 Visa candidate & SBA lender pre-approved! Proof of funds required before any Seller meetings. EMAIL NOW before it’s gone! For the fastest reply to your inquiry, please contact listing agent Ed Smith at 702-274-7320 or email@example.com
About the Business
Las Vegas, Nevada
Number of Employees:
This is a leased location of 8,706 square feet with a Total Rent of $23,693.48. Lease ends 03/2021 with a one 5 year lease option. Seller is active in the business with 44 FT employees and 23 PT employees. Hours of operation are 24 hours a day, 7 days a week. $30,000 in Inventory and $950,000 in FF&E included in Asking Price. $2,500,000 made in Leasehold Improvements. Assets include Busy shopping center location! Gaming/ Liquor License Required.
Restaurant with bar & 15 slots! Great for a nightclub!
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