Las Vegas Restaurants For Sale
Big Sales $2+ Million - Chinese Seafood Restaurant - Low Price!
Chinese Seafood restaurant in the heart of Las Vegas China Town. This is a very well established business and does over 2 million per year but is family run with many family members on payroll thus lowering the reported net profit. Food costs are under control and reasonable but a new owner will need to replace the family with much lower, market-rate employees which will boost profit by, according to the seller, over $250,000. An ideal buyer is someone with restaurant experience who can get payroll cost under contract and reap the benefits of purchasing a highly profitable business at a very discounted price. All revenue is verifiable on filed tax returns. Listing #101-16204
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- Chinese Restaurant
- Seafood
- Big Sales
- Lunch
- Dinner
- Shrimp
- Crab
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 39,016 | 201,987 | 350,984 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 13,347 | 77,615 | 134,903 |
| 2010 Persons Per Household | 2.66 | 2.53 | 2.55 |
| Median House Value | $149,600 | $125,801 | $117,770 |
| Income Per Household | $32,562 | $36,503 | $35,342 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,060 | 9,252 | 15,794 |
| 2012 Number Of Employees | 65,020 | 520,416 | 826,636 |
| 2012 Total Annual Payroll | $1,230,848,000 | $4,294,967,295 | $4,294,967,295 |
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Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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. DRE License # 01339409.