Authentic Korean restaurant across from major school on high traffic r

Las Vegas, NV
listing image
Asking Price:$89,000
Gross Revenue:$458,305
Rent:$9,262
Established Year:2021
Cash Flow:$57,685
Inventory:$10,000
FF&E:$250,000
BUSINESS DESCRIPTION

TOP FOOD OPPORTUNITY - LOCATION TO DIE FOR! Delicious food! Excellent 5-star online reviews! End-cap location in Walmart Neighborhood Market anchored shopping center has ample parking and good visibility on major busy street. Seller states landlord may be willing to consider other possible concepts such as: hot chicken, burgers, wings, pizza, Mediterranean, Greek, Mexican, tacos, vegan, coffee, boba, breakfast, Thai, Vietnamese, pho, sushi, etc. Subs and noodles are NOT allowed. Family run business. Seller does not have formal P&Ls available. Sales records verified by POS. Gross Sales & Total Income are actual 2023 from tax return with add backs. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at 702-274-7320 or email edsmith@fcbb.com.


DETAILED INFORMATION
Location
Las Vegas, NV
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,405
Lease Expiration
30/09/2031
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 2,405 square feet with a Total monthly rent of $9,262. Lease ends 9/2031 with Two 5-year options. Seller is active with 1 FT employee and 1 independent contractors. Hours of operation are 10am – 10pm Monday to Sunday. $10,000 in inventory and $250,000 in FF&E included in the asking Price. $150,000 made in leasehold improvements. Other Assets include great location on busy street across from school campus.
Support & Training
Seven (7) days
Reason for Selling
Retirement
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Ed Smith