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Italian Restaurant Open Dinner Only €“ Nets Over $310,000 €“ Just Re-listed & Price Reduced For Sale

Las Vegas, Nevada, US
Asking Price:
$675,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,600,000
Cash Flow:
$310,000

This is a once in a lifetime opportunity to own the restaurant of your dreams and the Seller is very motivated. Price just reduced to $675,000. This restaurant is extremely profitable and could likely qualify for SBA financing. Restaurant is only open for dinner and should net an owner/operator in excess of $310,000 per year.

- Seller Extremely Motivated

- Amazing Opportunity to Operate a First Class sit-down Restaurant

- 16 Years of Operating History in the Las Vegas Market

- New Owner should be able to Net over $310,000 without increasing the revenue

- Easy to Learn and Operate – Seller is willing to stay on a part time basis to ensure a smooth transition

- Only Open Evenings from 5 PM to no later than 10:30 PM

- Full Bar and Happy Hour Offered

- Food Quality Unsurpassed – Various Awards Won including Zagat Rated

- High Margins and History of Consistent Profitability

- Turn-Key Operation and Fully Staffed with Quality Employees

- Excellent Mix of Clients with a Majority that are Long Term

- Huge Upside Potential including Opening for Lunch and Brunch along with Growing the Catering and Private Party Revenue

- 2019 Revenue and Profits are Above 2018

- Sellers are willing to Train and Ensure Smooth Transition

- Outstanding Reputation – Amazing Reviews

- Stable and Growing Industry

For more information including a detailed confidential opportunity summary with financial information and photos, please call Alan Horwitz with Sunbelt Business Brokers.

Property Information

Premises Details:

N/A

Size in square feet:
4850 sq ft

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Monday - Sunday

Employees:
Part Time: 17
Years established:
18

Other Information

Support & training:

120 hours over 6 weeks

Financing available:

TBD

Furniture / Fixtures value:
$41,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price

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