Long Established Henderson Mexican restaurant with 10 slots absentee run - now available. This fantastic restaurant boasts a wonderful reputation for a friendly atmosphere. For almost 30 years, their great food and service bring customers back again and again. This is why the Gross and Net income have been consistent over the past five years. Slots are on contract with a slot route operator on a 70/30 split, however, the contract is up for renewal providing an opportunity for a qualified buyer. Seller states that the bar is eligible for 15 slots. Seller lives out of state so the business is basically absentee run. Seller feels confident that with a hand-on local owner, the gross and net will increase. The restaurant is currently operated by the manager and 19 employees. The restaurant has 37 tables that seat 4-6 people per table, plus 16-18 stools at the bar for a total occupancy of approximately 176 people. Income quoted of $215,685.63 is with an owner operator. Keeping a manager in place shows an adjusted net income of just over $153,000.00.

Please note that a confidentiality agreement and proof of funds for purchase are required by all serious buyers prior to the release of the business name, address and confidential financial statements. If this well established business is what you are looking for, contact me today for more information!

Listing Number:

Category:

SOLD

Financial Information:

Gross Revenue:

Listed Price:

Total Adjusted Net Income:

Equipment / Fixtures:

Year Established:

General Location:

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

Read First Choice Business Broker, Terms of Use before responding to any ad.

Mexican Restaurant with 10 Slots

Location: Southeast Las Vegas

Long Established Henderson Mexican restaurant with 10 slots absentee run - now available. This fantastic restaurant boasts a wonderful reputation for a friendly atmosphere. For almost 30 years, their great food and service bring customers back again and again. This is why the Gross and Net income have been consistent over the past five years. Slots are on contract with a slot route operator on a 70/30 split, however, the contract is up for renewal providing an opportunity for a qualified buyer. Seller states that the bar is eligible for 15 slots. Seller lives out of state so the business is basically absentee run. Seller feels confident that with a hand-on local owner, the gross and net will increase. The restaurant is currently operated by the manager and 19 employees. The restaurant has 37 tables that seat 4-6 people per table, plus 16-18 stools at the bar for a total occupancy of approximately 176 people. Income quoted of $215,685.63 is with an owner operator. Keeping a manager in place shows an adjusted net income of just over $153,000.00.

Please note that a confidentiality agreement and proof of funds for purchase are required by all serious buyers prior to the release of the business name, address and confidential financial statements. If this well established business is what you are looking for, contact me today for more information!

Listing Number:

Category:

Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$1,027,804

Listed Price:

$399,000

Lease Information:

Square Feet:

4400

Total Rent:

$12,015

Lease Expiration:

2/2019

Lease Options:

2/5 years

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$363,868

Additional Information:

Full-Time Employees:

7

Part-Time Employees:

12

Training Period:

15 days

Reason for Selling:

Seller lives out of state

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

Read First Choice Business Broker, Terms of Use before responding to any ad.