| Asking Price |
$2,500,000 | Inventory |
$20,000* |
|---|---|---|---|
| Gross Income |
$4,250,000 | Real Estate |
|
| Cash Flow |
$377,700 | Year Established | 1988 |
| FF&E |
$250,000* | Employees | 53 |
* included in the asking price
** not included in the asking price
Magnificent upscale fine dining establishment with separate off-site catering facility! Nice balance of local repeat customers and tourist traffic from around the world! Strong emphasis on the total dining experience for guests with superb cuisine, excellent service, and plenty of drinks! Business consistently grosses between $4-5mil annually with over $1mil in beer/wine/liquor sales! Prime west side location caters to affluent local crowds and businesses, but is only minutes from the Strip for tourists. Increase sales by promoting catering to small and mid sized businesses and booking more events! Gross Sales and Total Income are estimates for 2009 based on 2008 figures along with reductions in cost of goods and payroll expenses for a new owner. Possible addition of five slots (variance required) could increase income even more, as per Seller. Great internet presence! When this one is gone, it's gone! These types of businesses are rare in number and not frequently for sale. Call NOW to take advantage of this tremendous opportunity!
Facilities: Leased Location is 6720 sq-ft with a total rent $17647. The Seller is active in the business with 52 Full Time Employees & 1 Part Time Employee. There is $150,000 in Leasehold improvements, $20,000 in Inventory & Fixtures and Equipment $250,00.00. The hours are 11:30-2:30 / 5:30-12 Mon-Sun.
Financing: Present All Offers
Support/Training: 2 weeks
Reason Selling: wants to spend more time with kids

Edward J. Smith, Ltd.
702-274-7320
First Choice Business Brokers
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