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Asset Sale Hookah Lounge And Mediterranean Kitchen Restaurant For Sale

Las Vegas, Nevada, US
Asking Price:
$200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This is a newly renovated and extremely well designed restaurant and hookah lounge. Seller spent over $200,000 in furniture, fixtures, equipment, build-out and design but is moving to Africa to work in the family business and needs to sell asap. Unfortunately, he finished the build out right before COVID and was then closed down so he doesn't have financials. Owner will train for a smooth transition. Support & Training: 14 days unpaid training included in sale. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

Property Information

Real Estate:

Lease

Location:

This is a leased location of 3,600 square feet with a Total Rent of $7,680.00. Lease ends 01/2025 with a 1/5 year lease options. Seller is active in the business with 9 FT employee(s), 0 PT employee(s) and 0 Independent Contractor(s). Hours of operation are 12PM to 3AM Mon-Sun. $13,000.00 in Inventory and $80,000.00 in FF&E included in Asking Price. $70,000.00 made in Leasehold Improvements. Special License Required Hookah, Beer/Wine, Liquor and Entertainment.

Size in square feet:
3,600

Business Operation

Reasons for selling:

Seller is moving out of the country

Trading hours:

Monday-Sunday 12Pm-3AM

Employees:
9 Ft Employees
Years established:
2019

Other Information

Support & training:

14 calendar days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller agrees to accept $100,000.00 cash down payment and the balance of the Purchase Price on a note for a period of 24 months at 6% interest per annum, secured by the assets of the Business.

Furniture / Fixtures value:
$80,000 - included in the asking price
Inventory / Stock value:
$13,000 - included in the asking price

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