Full Service Bar and Restaurant with Gaming

Washoe County, NV
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Asking Price:$495,000
Gross Revenue:$3,767,288
Rent:$13,000
Established Year:2011
Cash Flow:$308,734
Inventory:$41,000
FF&E:$450,000
BUSINESS DESCRIPTION

Established restaurant and bar in Washoe County. 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.


DETAILED INFORMATION
Location
Washoe County, NV
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Lease Expiration
01/03/2025
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The leased facilities are well kept and have everything in place to host families and large groups.
Competition
While there are several other food and beverage locations in the vicinity, this one has a unique flare with a wide variety of offerings.
Growth & Expansion
Further expansion of catering opportunities and involvement with community and special events. Additionally, there is an opportunity to grow the quick serve market.
Financing
All cash or terms acceptable to Seller. Seller is committed to Buyer’s success.
Support & Training
The seller is willing to train new owner and consult if wanted.
Reason for Selling
Owner’s reason for selling is retirement.
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Stewart
Guthrie
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Stewart Guthrie