Established Absentee-Run Mexican Restaurant with Gaming Income in Las Vegas

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Financial Details

Asking Price:
$399,000
Annual Revenue:
$1,027,804
Cash Flow / SDE:
$215,686
Profit Metric:
Total Adjusted Net Income
Valuation Multiple:
1.8x
Location:
Las Vegas, NV, US
Sources:
Date:
November 07, 2025

Key Highlights

Nearly 30 years established with consistent financial performance over the last five years.
Absentee-run operation with significant upside potential for a hands-on local owner.
Revenue stream includes 10 gaming slots with contract renewal opportunity, plus eligibility for 15 more.

Description

A long-established Mexican Restaurant located in Southeast Las Vegas, available for acquisition after nearly three decades of successful operation. This business is currently run absentee, managed by a team of 19 employees, providing a strong foundation for a new owner seeking immediate cash flow or growth potential. Financials show consistent performance, with an adjusted net income exceeding $153,000 (or $215,686 with owner-operator structure) against over $1M in gross revenue. A key asset is the 10 gaming slots currently under contract (70/30 split), with the contract up for renewal, offering immediate negotiation leverage. The seller notes the bar is eligible for an additional 15 slots. This is an excellent opportunity for an owner-operator to maximize profitability in a well-reputed establishment.

Industry Information

Industry Description:
This is a full-service restaurant specializing in Mexican cuisine, featuring integrated gaming/slot machine revenue streams.
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1988
Employees:
19
Reason for Selling:
Relocation/Out of State Owner

Real Estate & Lease

Status:
Leased
Monthly Rent:
$12,015 USD
Lease Expiration:
2019

Assets & Inventory

FF&E Value:
$363,868 USD
Includes FF&E:
Yes

Broker Contact

Name:
Ciro 'Vic' Coppola
Company:
First Choice Business Brokers
Phone:
(725) 233-3333

Listing Details

Listing ID:
e2af52e1-12fb-4a89-b4e1-7b84017950cd
Source Listing ID:
15179
Deal Status:
Sold
Last Updated:
November 07, 2025
Currency:
USD

Features & Tags

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