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#3398
Las Vegas Restaurants For Sale

Fantastic Burger Joint with Drive-thru and Patio priced to sell quick!

$50,000
Sold
Fantastic Burger Joint with Drive-thru and Patio priced to sell quick!
This Listing is Sold

ABOUT THE BUSINESS: This is a rare opportunity to acquire a fantastic Burger Joint at a fraction of the cost to replicate, located on the main drag in historic Boulder City that is a favorite among tourists and locals alike.  Offering homemade burgers, frys, dogs, shakes and malts in an idyllic setting including a drive thru and an outdoor patio area perfect for those warm summer nights with the kiddos!  New owners will step into a profitable business from day one with an opportunity for significant upside. 

THE EQUIPMENT:  There is extensive equipment in this sale, which includes walk-in cooler, reach-in freezer, Sandwich Prep Bane,  Two flat tops, Two fryers, Up Front Coolers and much more.  All equipment is in use to support current operations and included in the sale. 

LEASE: Situated on .34 acre, the 1300 SF building and land are leased for $2500 per month, NNN.  No Cams.  Opportunity exists to negotiate a new lease.

REASON FOR SELLING:   The owners are accomplished business people ready for their next challenge.

ABOUT THE AREA:  Boulder City is known as a clean, quiet, green oasis in the desert.   Located approximately 20 miles from Las Vegas, and just a few miles from the Lake Mead National Recreational Area, and the Hoover Dam boasting a population of slightly more than 15,000 people.  Boulder City is a small historic town with low crime rates, a good school system, and sustainable small businesses to maintain a lifestyle not available in the big city .   In addition, it is expected that the new bypass bridge, that recently opened at Hoover Dam, should reward Boulder City with an increase in tourism and added income to the local businesses.

UPSIDE OPPORTUNITY:  By increasing the hours of operation and offering a breakfast menu, this restaurant has the opportunity for significant growth.  In addition, this restaurant has the rights to expand within a new development project offered by the City. 

GET THE NAME AND ADDRESS: This is an ideal choice for being in business on day one.  Grab this opportunity quick. Select the orange button titled want name and address and you’re on your way to seeing this business.

This is a Henriott Real Estate Services, LLC. Listing

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Las Vegas Restaurants For Sale
Lease Term:
expires June 2012
Total Monthly Rent:
$2,500

Financials

Last Year's Annual Gross:
$334,600
Last Year's Owner's Cash Flow:
$33,933

Operations

# of Part-Time Employees:
12
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
24
Inside Sq. Ft.:
1,300

Highlights

  • Price Reduction for a Quick Sale!
  • Clean and Beautiful!
  • Great Lease Terms

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 5-mi
2014 Total Population 41,599 77,131
Households 1-mi. 5-mi
2010 Number Of Households 14,129 24,930
2010 Persons Per Household 2.72 2.82
Median House Value $146,800 $162,700
Income Per Household $50,147 $61,566
Businesses 1-mi. 5-mi
2009 Number Of Businesses 659 858
2012 Number Of Employees 20,092 22,158
2012 Total Annual Payroll $356,872,000 $385,838,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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.

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