Profitable Thai Restaurant in Las Vegas with Strong Revenue and Reviews

This listing presents a well-established and highly profitable Thai restaurant located in Las Vegas, Nevada. Operating for over 4 years, the business has garnered an excellent reputation, evidenced by numerous awards and top reviews on platforms like Trip Advisor, where it was ranked #1 in Las Vegas in 2017. The restaurant specializes in authentic Thai cuisine and offers a full-service dining experience, including beer and wine service and desserts. It features a fully equipped kitchen and seating for 100 patrons, with capabilities to host private functions and bus tours. Financially, the business boasts impressive figures, with a gross revenue of $1,071,178 and a Total Adjusted Net Income of $162,932. The asking price is $295,000. Key operational details include 9 full-time and 4 part-time employees, and a leasehold improvement value of $15,000. The lease for the 4000 sq ft space is $5,563 per month, with an expiration in December 2019 and options for renewal. The seller is motivated to sell due to relocation out of the country. This represents a significant opportunity for an entrepreneur looking to acquire a thriving restaurant in a popular tourist destination.