Listing ID: 81221
LOCATION LOCATION LOCATION WILL ENTERTIAN ALL OFFERS!!! DONT BUILD NEW!
Turn Key Restaurant For Sale No Real Property!
Argana Cafe is in the heart of the southwest Las Vegas on the corner of Warm Springs and Durango. This business is in a prime shopping center with big box and name brand tenants close to 215 highway and newly planned station casino. A great opportunity for a new owner looking for a well developed corner. This restaurant comes completely built out to perfection with high end upgrades and finishes including a grease trap and hood. All equipment and furniture are in pristine condition! Buyer will need to assume the current lease. Current inventory can be included.
Thai, Pizza, Coffee, Chinese, Ice Cream, Sushi and Salad Bar Concepts already exist within the shopping center.
Please call Jennifer Weinberg BHHS NV Properties for more information. 702-326-1055 Jennifersellsasvegas@gmail.com
Located near Rhodes Ranch, the largest soccer park in Las Vegas, James Regional Sports park and the newest Station Casino.
- Asking Price: $175,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,800
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Located in a prime area near Rhodes Ranch, the largest soccer park in Las Vegas, James Regional Sports park and the newest Station Casino.
Other Business Interests
The company has 5 employees and is located in a building with estimated square footage of 1,800 sq ft.
The building is leased by the company for $4,050 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell operating businesses. Nonetheless, the genuine factor and the one they tell you may be 2 entirely different things. As an example, they might claim "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may simply be excuses to try to hide the reality of altering demographics, increased competition, current reduction in revenues, or a variety of various other reasons. This is why it is very important that you not depend entirely on a seller's word, yet instead, make use of the vendor's response combined with your general due diligence. This will repaint a much more reasonable image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies finance loans so as to cover things such as stock, payroll, accounts payable, etc. Remember that in some cases this can mean that revenue margins are too thin. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area bring in brand-new customers? Often times, operating businesses have repeat clients, which develop the core of their daily profits. Specific factors such as new competition sprouting up around the area, road building, and personnel turn over can influence repeat consumers as well as adversely affect future incomes. One essential point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the higher the chance to construct a returning customer base. A last thought is the general area demographics. Is the business located in a densely populated city, or is it situated on the edge of town? Exactly how might the regional average household income impact future income prospects?