Local hotspot with bar, gaming and restaurant

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Fresno: (800) 622-0192
Long Beach: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pasadena: (714) 987-6147
Pleasant Hill: (925) 609-9100
Reno: (775) 828-5400
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Stockton: (800) 622-0192
Woodland Hills: (818) 999-9621

Category:
NV2485 - Bars & Clubs

Location:
Western States - Western States

Local hotspot with bar, gaming and restaurant

Business Description:

Popular, modern Bar, Lounge and Restaurant with Gaming. This local hotspot has an excellent location. Expansion possibilities exist to add another bar or event space within the current building. Downtown Reno has become the hotspot for trendy eateries and bars, this was one of the first on the scene. Owners are primarily absentee. Management is in place.


Asking Price: $1,000,000

Inventory (included):
$20,000
Real Property Available:
No

Save/Print (PDF)

Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2016

$1,206,314
(Sales)

$291,397
(Adjusted Cash Flow)

12 Months Ended

12/31/2015

$1,266,669
(Sales)

$222,420
(Adjusted Cash Flow)

12 Months Ended

12/31/2014

$1,183,363
(Sales)

$254,446
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 2 20
Owners 0 1

Hours of Operation
11 AM - Close (11 pm) 7 days a week

Licenses Required:

  • Business
  • Health
  • Liquor
  • Gaming (or lease)

Lease

Monthly Rent Including NNN:
$12,544

Expires:
2/28/19

Option:
No

Size(sq.ft.):
8,500

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Owns too many businesses

Training:
2 weeks 40 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Fresno: (800) 622-0192
Long Beach: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pasadena: (714) 987-6147
Pleasant Hill: (925) 609-9100
Reno: (775) 828-5400
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Stockton: (800) 622-0192
Woodland Hills: (818) 999-9621

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.