Description

This is the time for you to consider owning this popular specialty restaurant. Currently the menu is partial Mediterranean and the seller states should be converted to a full Mediterranean menu which would substantially increase income. Partnership dissolution is the reason for selling. The seller states that if the restaurant was made into a full Mediterranean Restaurant, the income could be increased to a gross of $600,000+ & the net income could be $160,000 with the change in the menu. The seller will explain the transformation to qualified buyers. The seller is recommending that the new owner should be open 7 days a week instead of the current 5 1/2 days a week. The restaurant recently obtained a beer and wine license and this has increased the income. The business is located in an upscale area of SW Las Vegas with visible signage at a major intersection. Call today for more details.

This is a leased location of 1,740 square feet and a Total Rent of $3,580. Lease ends 2/2020 with One 5 year Option. Seller is active in the business with 6 FT and 2 PT employees. Hours of operation are Sunday – Thursday 11am to 9pm and Friday 11am to 2:30pm. Included in asking price are $10,000 in Inventory and $150,000 FF&E. Health and Beer & Wine Licenses required.

Posted Jan 22, 2016

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