Bar Restaurant-Great Reputation Steady Cash Flow

Price: $250,000

Location: Reno, NV

Listing ID: WASPUBH

Listing Status: Sold

Description

This centrally located and well-known restaurant features exceptional service and food. The well experienced and diverse staff provides for the various eclectic patrons. This restaurant features both indoor and outdoor seating as well as additional space for private meetings as well as special events. They also offer both on-site and off-site catering that can be specialized for all occasions. There is sufficient parking based on the size of the restaurant and uniquely located to entertainment and special event venues.

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.

LISTING DETAILS

Total Sales: $2,024,570

Cash Flow: $155,067

FFE: $90,000

Inventory: $30,000

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