For sale: A recently opened 1,300-square-foot Mediterranean restaurant with a Brazilian BBQ twist, along with a separate 2,400-square-foot banquet facility near the Las Vegas Strip. Situated in a mixed commercial, residential, and retail area at a major crossroad. The restaurant features a beautiful layout and includes all brand-new kitchen equipment in the purchase. The seller, who owns several other businesses, must part with this venture. For more information, please contact the listing brokers or reply to this ad via email. For a quick response to your inquiry, please call listing broker Kathleen Nichols.
- Asking Price:
- $295,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Not applicable
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Loc1 - Total monthly rent of $5,000 & Loc2 - Total monthly rent of $5,975
- Premises Details:
-
This listing has 2 location. Location 1 has a leased location of 1,300 square feet with a Total monthly rent of $5,000. Lease ends 5/2028 with One 5-year options. Location 2 has a leased location of 2,400 square feet with a Total monthly rent of $5,975. Lease ends 10/2028 with One 5-year options. Seller is active with 4 FT employees and 3 independent contractors. Hours of operation are 11am – 9pm Sunday to Saturday. $1,000 in inventory and $80,000 in FF&E included in the asking Price. $120,000 made in leasehold improvements. Health Permit and Business license required.
Business Operation
- Reasons for selling:
-
Other business interests
- Trading hours:
-
11am – 9pm Sunday to Saturday
- Employees:
- 4 FT, 3 IC
- Years established:
- 1
Other Information
- Support & training:
-
2 weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$100K down-payment with balance paid over 36 months at 5% interest rate.
- Furniture / Fixtures value:
- $80,000 - included in the asking price
- Inventory / Stock value:
- $1,000 - included in the asking price
