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West/Central Las Vegas

  • Listing No.: 101-15770

  • Category: Bar/Liquor, Food - Restaurant, Leisure/Entertainment

Asking Price $295,000
Down Payment $0
Gross Revenue $1,350,000
Total Adjusted Net Income $301,000
Equipment/Fixtures $500,000
Year Established 1992
General Location West/Central Las Vegas
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image-for-Edward Smith
Contact Details:

Gorgeous turnkey Mexican restaurant & bar just celebrated 1 year in new location!  Great location on most transited road in Las Vegas with ample parking in busy area near Las Vegas Blvd.  Features huge outdoor patio, 2 kitchens (main plus catering) separate bar/events area, showcase tortilla factory, and brand new infrastructure (plumbing / electrical / mechanical systems) with provable TI & FF&E in excess of $1.5M spent by Seller.  Nice long term lease in place.  Can handle big catering, parties, and events!  Seating for 135 in restaurant, 80 on patio, and 45 in bar area.  Great rewards program in place keeps loyal customers coming back!  Optimized website for online ordering for fast lunches.  Excellent online reviews!  Can add up to 5 gaming slots (subject to licensing - no slots currently in place).  Gross Sales & Total Income are estimated and annualized for 2018.  EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad's email reply!

Gross Revenue $1,350,000 Listed Price $295,000
Total Income $301,000 Down Payment $0
Base Rent $8,257 Square Feet 5887
Total Rent $12,797 Lease Expiration 2/2032
Rent Deposit $14,756 Lease Options 2 / 5 year
Inventory $3,500 Leasehold Improvements $1,000,000
Equipment/ Fixtures $500,000 Other Assets Gorgeous brand new interior build-out with patio & private party room!
Full-Time Employees 5 Training Period Thirty (30) days
Part-Time Employees 1 Special License Required Alcohol & Catering
Contract Staff 14 Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.