Beautiful Mexican Restaurant with Event Space & Catering!

Las Vegas, NV (Clark County)

Beautiful Mexican Restaurant with Event Space & Catering!
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Asking Price: $295,000

Cash Flow: $301,000

Gross Revenue: $1,350,000

EBITDA: N/A

FF&E: $500,000

Inventory: $3,500

Established: 1992

Beautiful Mexican Restaurant with Event Space & Catering!

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Business Description

Turn-key! All new infrastructure! Nice layout!

Gorgeous turnkey Mexican restaurant & bar just celebrated 1 year in new location! Great location on most transited road in Las Vegas with ample parking in busy area near Las Vegas Blvd. Features huge outdoor patio, 2 kitchens (main plus catering) separate bar/events area, showcase tortilla factory, and brand new infrastructure (plumbing / electrical / mechanical systems) with provable TI & FF&E in excess of $1.5M spent by Seller. Nice long term lease in place. Can handle big catering, parties, and events! Seating for 135 in restaurant, 80 on patio, and 45 in bar area. Great rewards program in place keeps loyal customers coming back! Optimized website for online ordering for fast lunches. Excellent online reviews! Can add up to 5 gaming slots (subject to licensing - no slots currently in place). Gross Sales & Total Income are estimated and annualized for 2018. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please call Ed Smith Business Broker at 702-274-7320 or use this ad's email reply!

Detailed Information

Location:
Las Vegas, NV
Inventory:
Included in asking price
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 5,887 square feet with a Total Rent of $12,796. Lease ends 02/2032 with two 5 year lease options. Seller is active in the business with 5 Full Time employees, 1 Part Time employee, and 14 Independent Contractors. Hours of operation are 9 AM to 9 PM Sun-Thurs and 9 AM to 10 PM Fri-Sat. $3,500 in Inventory and $500,000 in FF&E included in Asking Price. $1,000,000 made in Leasehold Improvements. Assets include gorgeous brand new interior build-out with patio & private party room! Alcohol and Catering License Required.
Financing:
Present all offers!
Support & Training:
Thirty (30) days
Reason for Selling:
Retiring
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(from currently available funds)
 
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Ed Smith

Business Listed By:
Ed Smith

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Sponsoring Broker:
Jeff & Linda Nyman

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