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Las Vegas / China Town

  • Listing Number: 101-21686

  • Category: Food - Restaurant

Asking Price $465,000
Down Payment
Gross Revenue $955,790
Total Adjusted Net Income $151,971
Equipment / Fixtures $102,040
Year Established 2019
General Location Las Vegas / China Town
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Located in China Town area, the restaurant is recognized for serving some of the best dishes in China Town, Las Vegas. The inside space is elegantly furnished with lovely Asian touches to the decor and full service Liquor Bar. Specializes in providing customers with authentic and delicious Vietnamese dishes prepared by the highly skilled chef and staff with authentic traditional expertise in preparing the restaurant's prized Vietnamese dishes. Great location with high volume of foot traffic, plus provides easy access to locals and tourists alike.

Gross Revenue $955,790 Listed Price $465,000
Total Income $151,971 Down Payment
Base Rent $14,704 Square Feet 3204
Total Rent $16,307 Lease Expiration 11/2023
Rent Deposit $26,914 Lease Options One and 5-years
Inventory $20,000 Leasehold Improvements $225,000
Equipment / Fixtures $102,040 Other Assets
Full-Time Employees 3 Training Period 21 business days
Part-Time Employees 11 Special License Required Business, Health Permit, County Liquor
Contract Staff Reason for Selling Seller is retiring

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.

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