Semi-Absentee Profitable Local Bar

Price: $350,000

Location: Washoe County

Industry: Bar, Pubs and Taverns

Listing ID: LOCBAR

Listing Status: Available


Popular local bar with gaming and pool tables is available for sale. Owners currently work minimal hours daily. Owners are retiring and there is a lot of potential for a new owner. The area is growing rapidly, with a mix of new construction apartments and single-family housing. There is little competition in the immediate area. There is plenty of potential to grow this business by updating the existing kitchen space (existing grease trap and commercial sinks that are not currently being used), or open additional hours. 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.


Total Sales: $601,707

Cash Flow: $187,789

Inventory: $14,000

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