ASSET SALE - this is business is so new its not yet profitable. This 9000 sqf foot, high end Italian restaurant has been completed remodeled with over 2 million is renovations, build out, furniture, fixtures and equipment. Located off Eastern and 2-15, you wont find a busier part of Las Vegas. The kitchen is pristine and may be the largest kitchen you've seen. Bar is build out and ready to install up to 15 gaming machines. Owner recently purchased and put over 2 million in to renovating the top to bottom (including 4 new AC units) and but did not apply for the gaming license yet but the bar is build out and ready for up to 15 machines. New owner should apply for gaming, liquor, beer/wine. seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away.
- Asking Price:
- $1,350,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is a leased location of 9000 square feet with a Total Rent of $22,000. Lease ends 06/2026 with a one 5 year lease options. Seller is not active in the business with 15 FT employees, and 5 PT employees. Hours of operation are 4-10PM Wed-Sat, 11AM-10PM Sun. $15,000 in Inventory and $750,000 in FF&E included in Asking Price. $1,500,000 made in Leasehold Improvements. Liquor/Beer/Wine License Required.
Business Operation
- Reasons for selling:
-
Seller is Retiring
- Trading hours:
-
4-10PM Wed-Sat, 11AM-10PM Sun.
- Employees:
- 20
- Years established:
- 2010
Other Information
- Support & training:
-
14 Days
- Furniture / Fixtures value:
- $750,000 (USD) - included in the asking price
- Inventory / Stock value:
- $15,000 (USD) - included in the asking price
