Italian Restaurant Open Dinner Only –Nets Over $310,000– Price Reduced

Henderson, NV (Clark County)

Italian Restaurant Open Dinner Only –Nets Over $310,000– Price Reduced
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Asking Price: $699,000

Cash Flow: $310,000

Gross Revenue: $1,600,000

EBITDA: N/A

FF&E: $20,000

Inventory: $20,000

Established: 2002

Italian Restaurant Open Dinner Only –Nets Over $310,000– Price Reduced

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Business Description

This is a once in a lifetime opportunity to own the restaurant of your dreams and the Seller is very motivated. Price just reduced to $699,000. This restaurant is extremely profitable and could likely qualify for SBA financing. Restaurant is only open for dinner and should net an owner/operator in excess of $310,000 per year.

- Amazing Opportunity to Operate a First Class sit-down Restaurant
- 16 Years of Operating History in the Las Vegas Market
- New Owner should be able to Net over $310,000 without increasing the revenue
- Easy to Learn and Operate – Seller is willing to stay on a part time basis to ensure a smooth transition
- Only Open Evenings from 5pm to no later than 10:30pm
- Full Bar and Happy Hour Offered
- Food Quality Unsurpassed – Various Awards Won including Zagat Rated
- High Margins and History of Consistent Profitability
- Turn-Key Operation and Fully Staffed with Quality Employees
- Excellent Mix of Clients with a Majority that are Long Term
- Huge Upside Potential including Opening for Lunch and Brunch along with Growing the Catering and Private Party Revenue
- 2019 Revenue and Profits are Above 2018
- Sellers are willing to Train and Ensure Smooth Transition
- Outstanding Reputation – Amazing Reviews
- Stable and Growing Industry

For more information including a detailed confidential opportunity summary with financial information and photos, please call Alan Horwitz with Sunbelt Business Brokers at 702-714-0229 or email for a non-disclosure agreement to quickly receive the package at lvbusinessbroker@gmail.com.

Detailed Information

Location:
Henderson, NV
Inventory:
Included in asking price
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Retirement
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Sunbelt Business Brokers of Las Vegas

Business Listed By:
Sunbelt Business Brokers of Las Vegas

Sunbelt Business Brokers of Las Vegas

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