Las Vegas Deli & Restaurant For Sale

Business description

Why take the risks of opening a new restaurant, when you can own two already established and profitable? This opportunity would be ideal for the business owner looking to establish an authentic Italian restaurant chain throughout Las Vegas! A huge plus is the seller says he has successfully built these businesses to operate whether he was there or not, and an active buyer could reasonably increase sales at least 10% in a short amount of time with a more active role. The seller also says that if a buyer were able to increase sales to 2008 levels, and the gross profit reaches $25,000 per week again in each restaurant, the profit margins will be around 50% on all sales after that. Both restaurants have become well known and are extremely popular throughout Las Vegas. Dinner reservations are recommended. Per request of the seller, financials to be released to potential buyers upon formal meeting of the seller.

Property information

Location:

Lease Location with two locations 6,063 with a total rent for both locations at $11,254. There are 40 full time employees and leasehold improvements of $153,511. The hours of operation are 10-9pm.

Size in square feet:

6,063

Other information

Support & training:

30 Days

Reasons for selling:

Moving to Italy

Trading hours:

10-9pm Mon-Sun

Financing available:

Must be purchased as a stock sale.

Furniture / Fixtures value:

$69,511 (included in the asking price)

Inventory / Stock value:

$25,000 (included in the asking price)