Profitable Sushi & Hibachi Restaurant in Las Vegas

This is a profitable Sushi and Hibachi restaurant located in Las Vegas, NV. The business boasts clean financials with consistent profits, excluding the 2020 Covid year. The seller is a passive owner with no involvement in day-to-day operations, which are managed by experienced staff. The business is being sold due to the owner's other business interests. Key financial highlights include a Gross Revenue of $697,540 and a Total Adjusted Net Income of $131,917. The asking price is $220,000, with a required down payment of $70,000, and the assumption of a $150,000 EIDL loan amortized over 30 years with $750 monthly payments. The sale includes $75,000 worth of equipment and fixtures. The lease is for 2399 sq ft with a monthly rent of $7,500 and expires in June 2025, with one 5-year option. The business has 8 full-time and 2 part-time employees. Outstanding support and training will be provided to ensure a smooth transition for the new owner.