Mexican Restaurant Featuring Home-style Family Cooking
Las Vegas, Nevada
| Asking Price: |
Gross: |
Cash Flow: |
| $150,000 |
$512,082 |
$79,014 |
Furniture and Fixtures Value:
$160,000 (included in the asking price)
Inventory Value:
$9,000 (included in the asking price)
Business Summary:
Seller must sell! Homemade tortillas! Make cash money! Seller's Health forces sale. TURNKEY - walk in and make money! Absolutely charming and authentic family style Mexican restaurant! Recently upgraded electrical and gas lines with new grease trap all approved by City Licensing, Health & Fire Departments, per Seller. Seller is ready to retire after almost 30 years in business! Busy shopping center with 2 major anchors, ample parking, hood, plenty of refrigeration & more! Seller recently added new on-demand electric hot water heater, new stove, refrigerator, mixer, and ice machine during covid closure in early 2020 for 2 months. Sale includes fully wrapped 1996 van (cost approx. $4,000 in July 2021). 2021 sales strong with covid recovery! Gross Sales & Total Income actual for 2021 from tax return with simple add backs. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad's email reply! 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 [email protected].
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| Year
Business was Established: 1993 |
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| Number of Employees:
1FT / 1PT |
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| Facilities / Terms of Lease:
This is a leased location of 1,486 square feet with a Total monthly rent of $4,176. Lease ends 03/2024 with two 5 year options. Seller is active with 1FT and 1PT employees. Hours of operation are 8am-8pm Monday-Sunday. $9,000 in inventory and $160,000 in FF&E included in the asking price. $150,000 made in leasehold improvements. Other Assets include a long-established restaurant in a busy shopping center location with authentic food! Beer & Wine, Amusement Machine license required. |
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| Owner
willing to finance:
$100,000 down payment with remaining balance paid over 1 year at 7%. |
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| Owner
willing to train:
14 days |
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| Reason for selling:
Retirement & Health |
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| REQUEST MORE INFO |
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