This is a very rare opportunity to take over a successful 1700-square-foot Asian-themed high-end restaurant in Shanghai Plaza, the busiest strip mall in all of Chinatown Las Vegas. Either bring your own concept or take over the current concept and name, which have amazing reviews. This location comes with all the equipment and furniture to just walk in and take over. owners have spent over $500,000 on the current buildout and equipment and have plenty of time left on the lease. For a quick response to your inquiry, please contact Sevag "Steve" Mardirossian.
- Asking Price:
- $350,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $826,000
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$9,441 per annum
- Premises Details:
-
This is a leased location of 1,701 square feet with a Total monthly rent of $9,440.55. Lease ends 10/28 with 1 option. Seller is active with 3FT and 3PT employees. Hours of operation are 11AM-10Pm, closed on Tuesday. $3,000 in inventory and $200,000 in FF&E included in the asking price. $300,000 made in leasehold improvements.
- Size in square feet:
- 1,701
Business Operation
- Reasons for selling:
-
Focus on main business that partners own.
- Trading hours:
-
11AM-10Pm, 6 Closed on Tuesday
- Employees:
- 6
- Years established:
- 5
Other Information
- Support & training:
-
1 week
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $3,000 - included in the asking price
