Quick Service American Food Restaurant on LV Strip!

Las Vegas, NV (Clark County)

Quick Service American Food Restaurant on LV Strip!
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Asking Price: $250,000

Cash Flow: $43,260

Gross Revenue: $1,582,762

EBITDA: N/A

FF&E: $150,000

Inventory: $9,500

Established: 2013

Quick Service American Food Restaurant on LV Strip!

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Business Description

PLANET HOLLYWOOD MIRACLE MILE ON THE LAS VEGAS STRIP - ONE OF A KIND LOCATION! Top non-franchise food in finest prestige casino strip location! Huge foot traffic count - Landlord reports approximately 72,000 people walk thru the Miracle Mile mall every day! Perfect for serious experienced investor or corporate owner! When this is gone, there are no replacements in Las Vegas! Many possible themes! Perfect for national franchises! Seating capacity is approximately 120 with 16 seats on mall walkway (indoor patio) and 25 at bar. Gross sales and total income are actual for 2018 from P&L! Offsite seller feels a hands-on operator is needed to increase revenues. Perfect opportunity for the day and night crowd! Easy access and ample parking! Serious Buyers Only - use theme subject to corporate mall approval. NDA required along with proof of funds. CALL or EMAIL TODAY!!! For the fastest reply to your inquiry, please call listing agent Ed Smith 702-274-7320 or use this ad's email reply!

Detailed Information

Inventory:
Included in asking price
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,826 square feet with a Total Rent of $46,657. Lease ends 07/2023 with negotiable lease options. Seller is active in the business with 13 FT employees and 5 PT employees. Hours of operation are 10 AM to 12 AM Mon-Thurs and 10 AM to 2 AM Fri-Sun. $9,500 in Inventory and $150,000 in FF&E included in Asking Price. $350,000 made in Leasehold Improvements. Assets include gorgeous interior build-out with great location near parking garage! Liquor License Required.
Financing:
Present all offers!
Support & Training:
Fourteen (14) days
Reason for Selling:
Other business interests
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Contact the Seller

(from currently available funds)
 
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Ed Smith

Business Listed By:
Ed Smith

First Choice Business Brokers

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Sponsoring Broker:
Jeff & Linda Nyman

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