Price: $495,000
Location: Washoe County, NV
Industry: Restaurant and Food
Listing ID: RESBAR
Listing Status: Available
Description
This established restaurant and bar in Washoe County has a full time General Manager and Kitchen Manager in training. Seller monitors operations but not involved in day to day.
Winner of many awards. In business for over 14 years. Bar has gaming and room for additional gaming. New owner could increase revenues with own gaming license. The cash flow reflects a reduction in workforce as there are currently duplications with some positions.
Seller maintains 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.
LISTING DETAILS
Total Sales: $3,603,760
Cash Flow: $192,586
FFE: $450,000
Inventory: $41,000
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