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Restaurant Great Cash Flow-Unique Faire

Washoe County, NV, USA
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Businesses For Sale | Other Restaurant, Food, & Alcohol Businesses For Sale

Listing ID : 426779

Posted on January 11, 2024 View Count 9

Price :
$400,000
Business Financials & Assets :
Gross Revenue:
$729,126
Cash Flow:
$221,299
Year Established:
2011
Inventory Included:
Yes
Estimated Value of Inventory:
$6,500
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$26,000
Property Details :
Business Details :
Number of Employees:
8
Rent:
$1,500
Lease Expiration:
Novemeber 2026
Building Size:
1,041 Sq. Ft.
Facility & Tenant Improvements:
Leased, 1041 sq. ft. $1,500 until at least Nov. 2026
Competition:
The owners have no competition with the menu and faire. They have a strong following both in the restaurant and with there catering. Take out makes up a lot of business, but the restaurant atmosphere is unique, with both indoor and outdoor seating. The reviews from the customers support the incredible service and food.
Growth and Expansion Opportunities:
The opportunity to expand the revenue and profits of this business could be done with more advertising and additional workdays and hours.
Terms :
NDA Required:
Yes
Financing:
Seller Financing or All Cash
Support & Training Offered:
30 days
Reason for Selling:
Family
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

This uniquely located eatery is a well-known restaurant. The menu and faire are like no other in the community. The surrounding neighborhoods and businesses are regulars as well as those that drive across town or come from out of town, and this is their first stop. This restaurant features both indoor and outdoor seating. The reputation of off-site catering for all occasions is well known. Business is also located on a very busy intersection.
Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe.

From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.

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

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