World Famous Las Vegas Restoration Company & Gift Shop

Las Vegas, NV (Clark County)

World Famous Las Vegas Restoration Company & Gift Shop
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Asking Price: $373,000

Cash Flow: $303,918

Gross Revenue: $885,448

EBITDA: N/A

FF&E: $1,000,000

Inventory: $200,000

Established: 2010

World Famous Las Vegas Restoration Company & Gift Shop

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Business Description

This is a one of a kind opportunity! This business is known not just in the US, but in 87 countries due to a TV show which is still running in those other countries (7 seasons and average views per week is 2.9 million). Company specializes in restoring anything, there is nothing they can’t restore! Unlike other companies who specialize in a small area like signs, this company does it all, from signs, phone booths, cars, bicycles and old time movie nickelodeons. Buyer has several opportunities: A Buyer may decide to own and operate the local business and with the assistance of the Seller (as a paid consultant) and replicate the company in other cities and countries, or a Buyer would own and operate the local business and license or franchise the world renowned business. The TV show is one of the top rated shows in many countries and the Sellers would offer appearances to promote and boost sales or franchising or licensing. Seller states that they have $300,000 (their cost) of inventory in the "bone yard." These are items can be purchased separately and be restored and sold, the retail value is 2.5 million. According to the seller, a new business owner can do the work to restore all the inventory, resell it and pay off the entire cost of the business. This is unique and priced to sell! Call today before it's gone. Call today before it's gone. Listing Agent: Trent Lee - Phone# 702-505-2789

Detailed Information

Location:
Las Vegas, NV
Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 15,600 square feet with a Total Rent of $15,900. Lease ends 10/2021 with two 5 year options. Seller is active in the business with 4 FT employees and 1 PT employee. Hours of operation are 10AM to 4PM Mon-Fri. $200,000 in Inventory and $1,000,000 in FF&E included in Asking Price. Manufacturing Light Assembly License with City/State Required.
Support & Training:
30 days
Reason for Selling:
Retirement
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(from currently available funds)
 
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Trent Lee

Business Listed By:
Trent Lee

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


Sponsoring Broker:
Jeff & Linda Nyman

Listing Statistics

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Demographic Information

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