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Authentic Korean restaurant across from major school on high traffic road!

Las Vegas, Nevada

Asking Price: Gross: Cash Flow:
$159,000 $458,305 $57,685

Furniture and Fixtures Value:
$250,000 (included in the asking price)

Inventory Value:
$10,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
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 [email protected].

 
   
   
Year Business was Established: 2021
   
Number of Employees: 1 FT / 1 IC  
   
Facilities / Terms of Lease: 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.  
   
Owner willing to train: Seven (7) days  
   
Reason for selling: Retirement  
 

 

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