Established Steakhouse with Real Estate for Sale - Retiring Owners

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Financial Details

Asking Price:
$50,000
Annual Revenue:
$120,000
Cash Flow / SDE:
$29,500
Profit Metric:
Total Income
Valuation Multiple:
1.7x
Location:
Las Vegas, NV, US
Source:
Date:
October 08, 2025

Key Highlights

Long-standing steakhouse with 75 years of operation and owner retirement.
Includes valuable real estate and significant equipment/fixtures.
Opportunity to acquire an established business below outfitting cost.

Description

This listing features an established steakhouse with a remarkable 75-year history in the same location, now available due to owner retirement. The business has undergone recent upgrades, including a new bar floor and a recently replaced broiler, and is equipped with a large walk-in freezer. While the listing states 0 full-time and part-time employees, it also mentions experienced employees are in place, indicating a potential discrepancy. The asking price of $50,000 is presented as a significant opportunity, being less than the cost to outfit a new restaurant. Furthermore, the real estate associated with the property is also offered for sale. For specific inquiries about the real property, contact DBK Realty IL, LLC.

Industry Information

Industry Description:
Restaurants & Food
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1940
Employees:
0
Reason for Selling:
Retirement

Real Estate & Lease

Status:
For Sale
Monthly Rent:
$0 USD

Assets & Inventory

FF&E Value:
$145,728 USD
Includes FF&E:
Yes
Inventory Value:
$8,000 USD
Includes Inventory:
Yes

Broker Contact

Name:
Bruce Thompson
Company:
First Choice Business Brokers
Phone:
(636) 445-5444

Listing Details

Listing ID:
7c200498-1f1d-44ac-afbf-874dc0557fb6
Source Listing ID:
24699
Deal Status:
For Sale
Last Updated:
October 08, 2025
Currency:
USD