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Upscale Chinese Kitchen And Mexican Cantin For Sale

Las Vegas, Nevada
Asking Price:
$995,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Partner's medical issues forces the sale of this recently remodeled 7,075 sq. Ft restaurant, to include high-volume kitchen equipment, new bar, new flooring, upgraded plush dining booths and chairs, new artwork throughout, plus newly remodeled 1,000 sq ft. outside patio. Seller says, remodeling costs far exceeding the asking price for this upscale restaurant. The sellers have created a high-end relaxing ambiance atmosphere with affordable pricing. The menu features a broad selection from Chinese to Mexican offerings. Dine in the restaurant or relax and dine in the bar and hang out and relax with friends. Located inside one of the greater Las Vegas area's premier shopping malls which enjoys a high foot-traffic count, convenient parking with safe and easy access for dining patrons. Seller states, restaurant currently holds a "supper club" license and with Gaming control Board approval, the location may qualify for (5) five Gaming machines. Seller indicates, the possibility of (15) fifteen Gaming machines if new buyer desires to apply and is approved for a "tavern license." For additional information, please contact Listing Agent Ron Smith.

Property information

Real Estate:

Lease

Location:

This is a leased location of 7,075 square feet with a Total Rent of $12,500. Lease ends 06/2028 with two 5 year lease options. Seller is active in the business with 6 FT employees and 14 PT employees. Hours of operation are M-Th: 11 AM - 9 PM, Fr-Sat: 11AM - 10 PM, Sun: 11 AM - 8 PM. $20,000 in Inventory and $972,000 in FF&E included in Asking Price. $500,000 made in Leasehold Improvements. Assets include approx 1000 sq.ft outside dining area included in lease / Supper club license ! Beer/Wine/Liquor City of Henderson/ Supper Club License Required.

Size in square feet:
7,075

Business Operation

Reasons for selling:

Recent Medical Issue with partner

Employees:
20
Years established:
2018

Other Information

Support & training:

M-Th: 11 AM - 9 PM, Fr-Sat: 11AM - 10 PM, Sun: 11 AM - 8 PM

Furniture / Fixtures value:
$972,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price

Contact Information

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