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Spring Valley

  • Listing No.: 101-15918

  • Category: Food - Fast Food, Food - Restaurant

Asking Price $150,000
Down Payment $125,000
Gross Revenue $415,140
Total Adjusted Net Income $0
Equipment/Fixtures $55,000
Year Established 2016
General Location Spring Valley
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This is a turn key business opportunity to take over a top Yelp rated Mediterranean casual concept in the very popular Spring Valley/West Side of Las Vegas. The current owner is forced to sell due to health reasons. The 3000 sq. foot restaurant has tons of potential. It has high ratings and reviews online. The seller states that with the addition of a beer and wine license, the new buyer would see greater bottom line income. Seller also states adding a Catering component to this business would be great as they are currently turning away catering business due to seller's health. Seller will review income with qualified buyers.

Gross Revenue $415,140 Listed Price $150,000
Total Income $0 Down Payment $125,000
Base Rent $0 Square Feet 2923
Total Rent $6,600 Lease Expiration 3/2019
Rent Deposit $10,000 Lease Options
Inventory $4,500 Leasehold Improvements $150,000
Equipment/ Fixtures $55,000 Other Assets Food truck wrapped in company logo available for an additional $40,000
Full-Time Employees 4 Training Period 2 weeks
Part-Time Employees 0 Special License Required
Contract Staff 0 Reason for Selling Health issues force sale

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.