Established Asian Restaurant in Southwest Las Vegas

Southwest Las Vegas

A well-established Asian restaurant with a loyal following and excellent reputation in Southwest Las Vegas is now available for sale.  Operating for over ten years, this restaurant is known for its traditional and authentic dishes, made with fresh, high-quality ingredients at reasonable prices, all offered in a warm and relaxed setting.  This is a prime opportunity for a seasoned operator to elevate the business through focused marketing and expansion efforts, including catering.  The seller acknowledges a slowdown in the first half of the year, attributing it to broader economic conditions.  However, proactive steps are being taken to boost visibility and sales, including increased advertising and catering initiatives.  The seller is open to financing a portion of the purchase price for a qualified buyer and is willing to provide an extended training period to ensure a seamless transition.  For a prompt response, please contact the listing broker directly or reply via this email ad's email.

Listing Number:

24552

Category:

Food - Restaurant

Location:

Southwest Las Vegas
$275,000

Financial Information:

Gross Revenue:

$1,172,585

Listed Price:

$275,000

Down Payment:

$240,000

Total Income:

$176,914

Year Established:

2015

Lease Information:

Square Feet:

2260

Total Rent:

$8,483

Lease Expiration:

06/2026

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$175,000

Equipment / Fixtures:

$125,000

Inventory:

$5,000

Other Assets:

Sign & Cameras $10,000

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

3

Special Licence Required:

Business, Health and Beer & Wine.

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Moving out of State

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
George Karas
Office: (702) 368-2500 | Cell: (702) 290-9120
License #: S.0173285

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
Established Asian Restaurant in Southwest Las Vegas
Southwest Las Vegas

Listing Number:

24552

Category:

Food - Restaurant

Location:

Southwest Las Vegas

Listed Price:

$275,000
brokerPhoto
George Karas
Office: (702) 368-2500 | Cell: (702) 290-9120
License #: S.0173285

A well-established Asian restaurant with a loyal following and excellent reputation in Southwest Las Vegas is now available for sale.  Operating for over ten years, this restaurant is known for its traditional and authentic dishes, made with fresh, high-quality ingredients at reasonable prices, all offered in a warm and relaxed setting.  This is a prime opportunity for a seasoned operator to elevate the business through focused marketing and expansion efforts, including catering.  The seller acknowledges a slowdown in the first half of the year, attributing it to broader economic conditions.  However, proactive steps are being taken to boost visibility and sales, including increased advertising and catering initiatives.  The seller is open to financing a portion of the purchase price for a qualified buyer and is willing to provide an extended training period to ensure a seamless transition.  For a prompt response, please contact the listing broker directly or reply via this email ad's email.

Financial Information

Gross Revenue:

$1,172,585

Listed Price:

$275,000

Down Payment:

$240,000

Total Income:

$176,914

Year Established:

2015

Lease Information

Square Feet:

2260

Total Rent:

$8,483

Lease Expiration:

06/2026

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$175,000

Equipment / Fixtures:

$125,000

Inventory:

$5,000

Other Assets:

Sign & Cameras $10,000

Additional Information

Full-Time Employees:

4

Part-Time Employees:

3

Special License Required:

Business, Health and Beer & Wine.

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Moving out of State

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.