Three (3) thriving Mediterranean fast food restaurants in prime Las Vegas locations are currently available for sale. These well-established and successful establishments were initially crafted with an independent concept designed for franchising, complete with trademarks and featured articles in magazines. Priced significantly below their original cost, each restaurant comes fully equipped with a stunning build-out. The menu features classic recipes developed by the owners, catering to a loyal customer base with diverse cravings. This business opportunity presents a chance for buyers to capitalize on the growth potential in Las Vegas, particularly by expanding catering and delivery services. The business is also scalable, allowing for the possibility of additional locations. For those with a strong credit history and experience in the industry, preferred lenders may express interest in providing financing support. For a quick reply to your inquiry, please call listing brokers, or use this ad's email reply. For quick response to your inquiry, please call listing broker Kathleen Nichols (RE# S.0186077; Business Broker Permit# BUSB.0007013) at or George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847) at
- Asking Price:
- $795,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,392,137
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This listing has three leased locations. Location 1, 1,816 square feet with a Total monthly rent of $4,331.77. Lease ends 10/01/2028 with Two 4-year options. Location 2, 2,130 square feet with a Total monthly rent of $6,593.21. Lease ends 12/31/2023 with Two 5-year options. Location 3, 1,500 square feet with a Total monthly rent of $6,808.22. Lease ends 01/05/2024 with One 5-year options. Seller is active with 7 FT and 8 PT employees. Hours of operation are 10am – 8pm Sunday to Saturday. $6,000 in inventory and $180,000 in FF&E included in the asking Price. $175,000 made in leasehold improvements. Other Assets include Sign, Cameras, audio and $30,000. Business license and Health Permit required.
Business Operation
- Reasons for selling:
-
Other business interests
- Trading hours:
-
10am – 8pm Sunday to Saturday
- Employees:
- 7 FT, 8 PT
- Years established:
- 5
Other Information
- Support & training:
-
3 weeks
- Financing available:
-
$750k down-payment balance paid over 12 months @ 6%
- Furniture / Fixtures value:
- $180,000 - included in the asking price
- Inventory / Stock value:
- $6,000 - included in the asking price