Profitable Restaurant & Cocktail Lounge

Las Vegas, NV (Clark County)

Profitable Restaurant & Cocktail Lounge
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Asking Price: $724,000

Cash Flow: $326,393

Gross Revenue: $1,422,677

EBITDA: N/A

FF&E: $120,000

Inventory: $10,000

Rent: $8,487 /Month

Established: 2010

Profitable Restaurant & Cocktail Lounge

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Business Description

South West Las Vegas high volume full service restaurant with full liquor bar and private room. This restaurant is located in a very affluent neighborhood of south west Las Vegas, well known by locals for the extravagant homes and golf course community. This upscale restaurant boasts great ambiance, service and food quality which has kept their loyal customer base coming back again and again. The restaurant has increased year over year in business and over the last several years grossed over $1,000,000 providing superior food and service to its customers. With this amount of Gross Sales, this business will not last long! For the fastest reply to your inquiry, please contact listing agent: Mounir Bousaid at 702-989-3213 or moe@fcbb.com

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
N/A
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has a leased location of 4,800 square feet with a total monthly rent of $8,487. The seller is active in business with 12FT and 4PT employees. Included in asking price are $120,000 in equipment and fixtures and $10,000 in inventory. Hours of operation are Monday-Saturday 4pm-10pm and Sunday 9am-10pm.
Support & Training:
7 Calendar Days
Reason for Selling:
Other business interests
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(from currently available funds)
 
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Andrea & Mounir Bousaid

Business Listed By:
Mounir & Andrea Bousaid

First Choice Business Brokers

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Sponsoring Broker:
Jeff & Linda Nyman

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