Established Absentee-Run Mexican Restaurant with Gaming Income in Las Vegas
Financial Details
Key Highlights
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