East Side Las Vegas
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Listing No.: 101-20391
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Category: Food - Restaurant
| Asking Price | $139,000 |
| Down Payment | $139,000 |
| Gross Revenue | $492,260 |
| Total Adjusted Net Income | $92,868 |
| Equipment / Fixtures | $50,000 |
| Year Established | 2013 |
| General Location | East Side Las Vegas |
This is a well established Mexican food location. A fire in 2019 and the 2020 pandemic have reduced sales recently and the owners are moving on. Annual sales were consistently over one million dollars for several years prior to these events. A name change is required, but continuing with a Mexican concept is likely to bring continues success, per the seller. Call now and take advantage of this opportunity to "buy the dip" and build on the past success of this location!
| Gross Revenue | $492,260 | Listed Price | $139,000 |
| Total Income | $92,868 | Down Payment | $139,000 |
| Base Rent | $3,915 | Square Feet | 2900 |
| Total Rent | $5,189 | Lease Expiration | |
| Rent Deposit | $4,524 | Lease Options |
| Inventory | $2,500 | Leasehold Improvements | $80,000 |
| Equipment / Fixtures | $50,000 | Other Assets |
| Full-Time Employees | 8 | Training Period | 1 week |
| Part-Time Employees | 3 | Special License Required | Liquor License / Optional |
| Contract Staff | Reason for Selling | To raise funds for another investment |
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.