Landmark Restaurant
Location Las Vegas, Nevada, United States
Asking Price Range $250K - $500K
Gross Revenues $3004814
Net Profit / Cash Flow $465000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1985
Number of Employees 6 - 9
Inventory 200000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training To be agreed upon.
Reason for Sale The seller is moving to a larger location.
Description The Opportunity is here, so you must act Fast, A Las Vegas Landmark Restaurant location for sale. Sale does not include the name or phone number. The sale price is $475,00 which is well below the value of the assets! This Location has successfully operated as a fine dinning Italian Restaurant since 1985. Revenues have steadily increased for the past 6 years; gross sales in 2008 were 3,004,813.00. The facility is located on West Flamingo Rd with exceptional street frontage. which includes state of the art Wine Cellar, 2 different level dinning areas, fully equipped kitchen, bar and Lounge area, and recently improved marble M/F bathrooms and red wood mill finished private dinning/ meeting room. This opportunity also includes a 960 sq. ft. office facility conveniently located directly behind the restaurant which is also used for storage space. The office base rent is $1,659, expires February 2020 with 2-10 year options. This Family owned and operated business spared no expense over the years spending over 2 million in improvements and within the last 8 months over $100,000. This location, the architecture and design along with the full service attention the owners gave each guest has created a destination site at an off the strip location, which is a Challenging Accomplishment in itself. Bring your creative concept and further develop their achievements with this award winning turnkey restaurant location.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
