Wholesale / Retail Of Fresh Sushi
Location Las Vegas, Nevada, United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1500000
Net Profit / Cash Flow $330343
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 10 - 19
Inventory 171000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 30 days as needed.
Reason for Sale Other business interests out of state.
Description Food processor, sales, and distribution business for sale! Business specializes in wholesale and retail sales of fresh sushi, seafood, pacific rim, and prepared foods to major hotel/casinos and convenience stores/retail outlets throughout the valley. Sale includes 4 refrigerated vans, a truck and a mobile trailer. Inventory includes approx. $10,000 stored on business premises and an additional $7,000 at Las Vegas Cold Storage. Great proximity to the strip for easy deliveries! Space consists of approx. 1200 sq-ft of kitchen & prep area, 400 sq-ft of office, and 2300 sq-ft between the garage, storage, receiving (with roll up door), and break areas, all for less than $1.00/sq-ft per month! Building is relatively young and facility includes new equipment and tenant improvements with a 500 gal. grease trap, two 8- Ansel hoods with water and electrical in place. Three walk-in boxes include an 8- X 15- freezer and 15' X 15' fridge in the kitchen, and another 6' X 8' refrigerator for finished products in the loading/storage area. Seller states that the addition of a dedicated salesman could increase sales. Accounts receivables average approx. one-third of monthly gross sales with 60% of business on 2% net 10, 30% on 30 days, and the remainder being cash or COD. Most accounts are paid within 30 days. Approx. $60,000 in accounts receivables will be included with the sale at the listed price. Approx. 75% of customer base is casino banquets and buffets. The other 25% consists of convenience stores and retail outlets. Seller states that there is plenty of room for growth by committing to a dedicated sales program to target large commissaries. The present facility has the ability to handle around $5M per year in gross sales, per the Seller, and the facility qualifies for USDA processing for raw meat and chicken. These two items are the only things it currently does not handle. Get down here now before this one is gone!
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