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Las Vegas

  • Listing Number: 101-21585

  • Category: Food - Restaurant, Miscellaneous, Retail

Asking Price $70,000
Down Payment
Gross Revenue $697,540
Total Adjusted Net Income $131,917
Equipment / Fixtures $75,000
Year Established 2014
General Location Las Vegas
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This profitable Sushi and Hibachi restaurant has clean financials showing consistent profit, except for 2020 Covid year. The seller has no involvement in the day-to-day operations. Managers and employees handle everything. Seller has other businesses and does not want to continue to operate this business. IMPORTANT: Seller has a $150,000 EIDL loan that must be assumed. The purchase price is $220,000 total but buyer need only pay $70,000 down and then assume the $150,000 EIDL loan which is amortized over 30 years and monthly payments of $750. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff of X will all be willing to stay on with the new owner of this business. Income quoted is projected. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away.

Gross Revenue $697,540 Listed Price $70,000
Total Income $131,917 Down Payment
Base Rent $7,500 Square Feet 2399
Total Rent $7,500 Lease Expiration 06/2025
Rent Deposit $7,500 Lease Options 1 5 years
Inventory $1,000 Leasehold Improvements $0
Equipment / Fixtures $75,000 Other Assets
Full-Time Employees 8 Training Period 14 days
Part-Time Employees 2 Special License Required
Contract Staff Reason for Selling Too busy with day job

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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