Long-Running Neighborhood Bar with Gaming, Great Reputation

Reno, Nevada

Ad ID: 1526225
Type: Established business
Category: Retail – Bars/Taverns

Asking: $549,000

Gross: Not Disclosed
Cash Flow: Not Disclosed

Summary Description
This long-standing establishment isnt just another bar, but a cocktail lounge with a beautiful atmosphere that has been a favorite local hangout for decades. Owner-operated for over 20 years, the business sits in the heart of a revitalized neighborhood that now sees far more foot and vehicle traffic than in the past. The area offers other restaurants and nightlife to capture the customers that cruise all the bars. Video poker machines add a profitable gaming component to the business. The establishment is historical furnished and offers excellent customer service. Happy hour deals attract a large after-work following, and reasonable prices keep people coming back. As Reno/Sparks continues to experience unprecedented growth, this business can only grow as residents and businesses continue to move to the area. This special bar is just waiting for someone to step in and take it to the next level.

General Information
Year Established: 1997
Employees: 3
Facilities: The 1600 sq. ft. premises are located near a high-traffic commercial/residential area. Basement always for storage. The property is for sale with the Business. Plenty of room for dancing, parties, and special events, etc.

Market Outlook
Competition: The business has a 20+ year loyal customer following. Revenue will increase with some marketing.

Growth and Expansion: The business enjoys an excellent neighborhood following, as well as great customer reviews on Yelp. More Internet and social media exposure (a website, Facebook, etc.) would increase visibility. Advertising and offering daily specials would also bring in new faces. With new businesses and housing moving into the immediate area, this part of town is poised for tremendous growth. The business could add pool tables, shuffleboard and has a dance floor, etc., and even start offering live music and events

About the Sale
Support/Training: Negotiable
Reason Selling: Seek Other Opportunities

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