Semi Absentee Italian Restaurant with a Sold Out Bar
Las Vegas

This family owned Italian restaurant has spent about eleven years building a loyal local following by making its food from scratch. The menu covers homemade Italian classics served at lunch, happy hour, and dinner. Guests can dine in, order takeout, use delivery, or book catering. The space runs about 4,000 square feet with two kitchens and a full bar.

The bar has become a draw of its own, with regular crowds and Thursday nights that often sell out.

About forty five people keep the place running. The executive chef, general manager, and bar manager have been in place for years and handle daily operations. The owner works around ten hours a week doing general oversight.

The restaurant sits in a fast growing suburban market with new homes and businesses arriving each year. Profits have been soft, matching the industry, so there is room for an operator who pushes catering, delivery, and private events. The owner is selling for health reasons.

The ideal buyer is an experienced restaurant operator or a small restaurant group that wants a trained team on day one. A liquor license and standard permits are required.

The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.

For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.

Listing Number:

25644

Category:

Food - Restaurant

Location:

Las Vegas
$299,000

Financial Information:

Gross Revenue:

$3,048,543

Listed Price:

$299,000

Down Payment:

$0

Total Income:

$70,512

Year Established:

2015

Lease Information:

Square Feet:

4696

Total Rent:

$12,679

Lease Expiration:

06/2029

Lease Options:

1 option, 5 years

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

22

Part-Time Employees:

23

Special License Required:

N/A

Contract Staff:

0

Training Period:

21 Days

Reason for Selling:

Prioritizing health and family commitments

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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.

brokerPhoto
Eric Speer & Giselle Speer
License #: S.0200673.LLC & S.0200850

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Semi Absentee Italian Restaurant with a Sold Out Bar
Las Vegas

Listing Number:

25644

Category:

Food - Restaurant

Location:

Las Vegas

Listed Price:

$299,000
brokerPhoto
Eric Speer & Giselle Speer
License #: S.0200673.LLC & S.0200850

This family owned Italian restaurant has spent about eleven years building a loyal local following by making its food from scratch. The menu covers homemade Italian classics served at lunch, happy hour, and dinner. Guests can dine in, order takeout, use delivery, or book catering. The space runs about 4,000 square feet with two kitchens and a full bar.

The bar has become a draw of its own, with regular crowds and Thursday nights that often sell out.

About forty five people keep the place running. The executive chef, general manager, and bar manager have been in place for years and handle daily operations. The owner works around ten hours a week doing general oversight.

The restaurant sits in a fast growing suburban market with new homes and businesses arriving each year. Profits have been soft, matching the industry, so there is room for an operator who pushes catering, delivery, and private events. The owner is selling for health reasons.

The ideal buyer is an experienced restaurant operator or a small restaurant group that wants a trained team on day one. A liquor license and standard permits are required.

The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.

For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.

Financial Information

Gross Revenue:

$3,048,543

Listed Price:

$299,000

Down Payment:

$0

Total Income:

$70,512

Year Established:

2015

Lease Information

Square Feet:

4696

Total Rent:

$12,679

Lease Expiration:

06/2029

Lease Options:

1 option, 5 years

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

22

Part-Time Employees:

23

Special License Required:

N/A

Contract Staff:

0

Training Period:

21 Days

Reason for Selling:

Prioritizing health and family commitments

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.