Italian Restaurant Open Dinner Only - Nets Over $310,000 - Just Re-Listed & Price Reduced

Financial Information

  • Asking Price: $675,000
  • Gross Revenue: $1,600,000
  • Cash Flow: $310,000
  • Down Payment: 0
  • FF&E (Included): $41,000
  • Inventory: $20,000
  • Financing: No

Business Location

  • Las Vegas
  • Nevada
Primary Business Category: Food Services and Drinking Places

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 $675,000. 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. - Seller Extremely Motivated - 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 [email protected]


Support / Training Comments

120 hours over 6 weeks


Financing Comments

TBD


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 2002
  • Franchise: No
  • Year Acquired: 2002
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday - Sunday
  • Fulltime Employees: N/A
  • Part time Employees: 17
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 4850 sq ft
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Las Vegas

Contact: Alan Horwitz
Office Phone: 702-364-2551
Mobile Phone: 702-364-2551
Listing ID: LASVENV001-N1310

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