A Korean Soul Food Restaurant For Sale! Net Over 200k A Year!

Las Vegas, NV
listing image
Asking Price:$159,000
Gross Revenue:$760,000
Rent:$2,397/Month
Established Year:2005
Cash Flow:$189,000
Inventory:$2,500
FF&E:$100,000
BUSINESS DESCRIPTION

This restaurant is well known for over 20 years in the Las Vegas area.
Their gross sales are over $700k a year and semi-absentee operations.
It is only 5 minutes from the Strip, and many tourists are coming.


DETAILED INFORMATION
Location
Las Vegas, NV
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
28/02/2025
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The kitchen has a hood, grease trap, and refrigerator, so you can cook and store your food quickly and conveniently.
Competition
The restaurant needs to attract more tourists and regular customers.
Growth & Expansion
More tourists are coming to Vegas.
Support & Training
Two weeks / 30 hrs a week.
Reason for Selling
Retirement
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Jae Jung