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#1243
Las Vegas Restaurants For Sale

Unique Las Vegas Coffee Shop -- PRICE REDUCTION!!

$60,000
Unique Las Vegas Coffee Shop -- PRICE REDUCTION!!
This Listing is Expired
Here�s an opportunity to buy a profitable, turnkey, easy to operate business at a bargain price and realize the full potential as the economic conditions improve. It is located in an upscale and modern shopping mall of 23 businesses, east of the Strip.

This 1307 square foot facility seats 45 indoors, and 15 outdoors. It features art, wireless internet, local and touring bands, poetry nights with judges and winners � and of course, awesome coffee, Panini , cold sandwiches, breakfast bagels, salads and a great range of pastries, cakes and cookies which are also available in gift baskets.

The business performed well this year, in spite of the sluggish economy, with an annualized, adjusted net income of $26,864. The lease is $2561.64 with no additional CAM charge, and has 26 months remaining plus one, 3 year option.
Advertised as �The BEST & MOST unique Independent Coffee Shop in all of Las Vegas�, it was voted #19 of the �100 Best Things of Las Vegas� by Las Vegas Life Magazine!
This business is offered through United Business Brokers of Nevada. Please select one of the bright orange buttons below to get the name and address of the restaurant. If you're not a registered buyer, it will ask you to register. It costs you nothing! And you'll get placed on our e-mail list getting first look at our newest listings.
Agent Jerry Sprecher

Lease

Region:
Las Vegas Restaurants For Sale
Lease Term:
expires Oct 2010 + 3 yr option
Total Monthly Rent:
$2,561
Security Deposit:
$2,081

Operations

Liquor License:
none
# of Full-Time Employees:
2
# of Part-Time Employees:
3
Hours Open:
Sun, Mon, Tues, Thurs: 7am - 9pm
Weds, Fri, Sat: 7am - 11pm
Year Established:
2004

Facilities

Indoor Seating:
45
Outdoor Seating:
15
Inside Sq. Ft.:
1,370
Outside Sq. Ft.:
650

Highlights

  • Turnkey, easy to operate
  • Price is 2.8 x Adjusted Cash Flow
  • 1307 square feet inside; 650 outside
  • 45 indoor seats, 15 outdoors
  • Voted #19 of Best Things of Las Vegas
  • Lease expires Oct 2010, plus 3 yr option
  • Lease $2,561.64, no CAM
  • 53,500 traffic count
  • Easy operation for new owner
  • Unique venue

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 62,397 105,098 445,213
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 25,373 39,300 161,043
2010 Persons Per Household 2.52 2.64 2.69
Median House Value $110,200 $103,148 $115,739
Income Per Household $40,836 $38,479 $40,496
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,101 2,162 11,900
2012 Number Of Employees 27,240 58,822 657,600
2012 Total Annual Payroll $429,078,000 $929,046,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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