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Further Price Reduction Upscale Restaurant In Las Vegas For Sale

Las Vegas, Nevada, US
Freehold Price:
$4,695,000 Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
$745,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This upscale Asian Restaurant was recently re-modeled to a very high standard through a $1.5m investment. The restaurant has many 5 star reviews on Google, Facebook and Yelp with an overall 4+ star rating! Seating is for over 200 people in various and distinct seating areas. The Restaurant has a large fully equipped kitchen, including a 30' extraction canopy and full grease trap. Located close to the strip, UNLV and McCarran Airport, the business has great potential for this or many other possible uses, subject to planning approval. Building is approximately 8800 sq ft with parking is for 80+ vehicles on a 1.28 acre site. As a new owner, if you can bring passion and the right concept to the business then you should be able to hit the ground running! The seller has other business interests hence the reason for a sale. Don't let this opportunity pass you by! This is an asset sale of the restaurant, but the building is available by separate agreement. Call Rob Lund (RE# S.0177526.LLC; Business Broker Permit# BUSB.0006893) at for further details. ACT NOW!

Property Information

Real Estate:

Available as lease or with real property included

Location:

This can be a leased location of 8,794 square feet with a Total Rent of $20,000. Real estate also available for sale for $3,950,000. Seller is active in the business with 1 FT employee, 1 PT employee. Hours of operation are 11am to 3 pm and 5 pm to 10 pm. $2,000 in Inventory and $250,000 in FF&E included in Asking Price. $1,500,000 made in Leasehold Improvements. Restaurant, Beer and Wine license required.

Size in square feet:
8,794

Business Operation

Reasons for selling:

Other business interests

Trading hours:

11am to 3 pm and 5 pm to 10 pm

Employees:
1FT/1PT
Years established:
2014

Other Information

Support & training:

14 Days

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

Down Payment of $500,000 with the balance paid over 12 months at 6%

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$2,000 - included in the asking price
Lease asking price:
$745,000 - Furniture / Fixtures and Inventory / Stock included

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