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Summerlin Area

  • Listing No.: 101-15612

  • Category: Food - Bakery, Food - Fast Food, Food - Restaurant

Asking Price $400,000
Down Payment $300,000
Gross Revenue $1,006,597
Total Adjusted Net Income $242,601
Equipment/Fixtures $69,450
Year Established 2010
General Location Summerlin Area
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SEMI ABSENTEE: This popular and profitable European bakery & cafe is in a very busy and anchored plaza in the Summerlin area of Las Vegas. Current owners are willing to stay on as chef, the current owners are willing to work as an employee for 2 years allowing the new business owner to simply over see mangers who are in place to run the day to day operations. This business specializes in quality, hand-made European food from high quality ingredients. There are over 650 online reviews attesting to the quality food and delicious taste, from locals and tourists alike.  All recipes, equipment, delivery vehicles (2), procedures, products, marketing material are included in the sale. Obtaining a wine & beer license can grow and expand product selection and retail sales. New owner can expand by growing wholesale and catering accounts.

Gross Revenue $1,006,597 Listed Price $400,000
Total Income $242,601 Down Payment $300,000
Base Rent $6,271 Square Feet 3479
Total Rent $6,271 Lease Expiration 8/2020
Rent Deposit $6,089 Lease Options 1 / 5 years
Inventory $5,000 Leasehold Improvements
Equipment/ Fixtures $69,450 Other Assets 1 vehicle
Full-Time Employees 5 Training Period 30 days
Part-Time Employees 7 Special License Required Food Handling
Contract Staff 0 Reason for Selling Moving out of state

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.