Established Steakhouse with Real Estate for Sale - Retiring Owners
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
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