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West/Central Las Vegas

  • Listing No.: 101-15740

  • Category: Food - Restaurant

Asking Price $350,000
Down Payment $0
Gross Revenue $1,680,000
Total Adjusted Net Income $324,000
Equipment/Fixtures $150,000
Year Established 2013
General Location West/Central Las Vegas
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image-for-Edward Smith

PLANET HOLLYWOOD MIRACLE MILE ON THE LAS VEGAS STRIP - ONE OF A KIND LOCATION! Top non-franchise food in finest prestige casino strip location! Huge foot traffic count - Landlord reports approximately 72,000 people walk thru the Miracle Mile mall every day! Perfect for serious experienced investor or corporate owner! When this is gone, there are no replacements in Las Vegas! Many possible themes! Perfect for national franchises! Seating capacity is approximately 120 with 16 seats on mall walkway (indoor patio) and 25 at bar. Gross sales and total income are projected for 2018 based on actual figures from 2018 - verifiable in POS. Seller states that 2018 is growing! Offsite seller feels a hands-on operator is needed to increase revenues. Perfect opportunity for the day and night crowd! Easy access and ample parking! Serious Buyers Only - use theme subject to corporate mall approval. NDA required along with proof of funds. CALL or EMAIL TODAY!!! For the fastest reply to your inquiry please use this ad's email reply!

Gross Revenue $1,680,000 Listed Price $350,000
Total Income $324,000 Down Payment $0
Base Rent $32,970 Square Feet 2826
Total Rent $46,657 Lease Expiration 7/2023
Rent Deposit $100,000 Lease Options Negotiable
Inventory $9,500 Leasehold Improvements $350,000
Equipment/ Fixtures $150,000 Other Assets Gorgeous interior build-out with great location near parking garage!
Full-Time Employees 13 Training Period Fourteen (14) days
Part-Time Employees 5 Special License Required Liquor
Contract Staff 0 Reason for Selling Other business interests

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.