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Restaurant and Bar with Great Reputation

Washoe County, NV, USA
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Businesses For Sale | American Restaurants For Sale

Listing ID : 429705

Posted on May 7, 2024 View Count 491

Price :
$650,000
Business Financials & Assets :
Gross Revenue:
$3,767,288
Cash Flow:
$190,734
Year Established:
2011
Inventory Included:
Yes
Estimated Value of Inventory:
$41,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$450,000
Property Details :
Business Details :
Number of Employees:
35
Real Estate:
Leased
Rent:
$13,000
Lease Expiration:
March 2025
Building Size:
6,000 Sq. Ft.
Facility & Tenant Improvements:
The leased facilities are well kept and have everything in place to host families and large groups.
Competition:
While there are several other food and beverage locations in the vicinity, this one has a unique flare with a wide variety of offerings.
Growth and Expansion Opportunities:
Further expansion of catering opportunities and involvement with community and special events. Additionally, there is an opportunity to grow the quick serve market.
Terms :
NDA Required:
Yes
Financing:
All cash or terms acceptable to Seller. Seller is committed to Buyer’s success.
Support & Training Offered:
The seller is willing to train new owner and consult if wanted.
Reason for Selling:
Retiring.
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Established restaurant and bar in Washoe County. Winner of many awards. In business for over 14 years. Maintained high standards, cleanliness, and community involvement. Prime location near high-traffic highway, hotels, and shopping. Strategically located in the heart of the community. Fully equipped kitchen with top-of-the-line equipment. Proven revenue streams with consistent customer base. Potential for immediate revenue growth by expanding, catering, and menu offerings. Current owners are willing to teach and help expand the business. Turnkey opportunity for aspiring restauranteurs and established restaurateurs.
In summary, this is a well-established restaurant with a strong reputation, proven track record, and multiple growth opportunities for a new owner.

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The Liberty Group of Nevada
License:BUSB.0007094.B

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