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Fine Tavern Bar & Grill - Ready for Owner-Operator for sale in Washoe, NV

Washoe, Nevada (NV)

Asking Price: Gross: Cash Flow:
$ 150,000 $ 392,788 $ 46,104

Furniture and Fixtures Value:
$ 5,000 (included in the asking price)

Business Summary:
This listing has been open and operated by this seller since 2/10. It's been a restaurant/tavern since the mid 1980's. Current owner has invested approximately $130k in tenant improvements. This restaurant is family friendly and clean! It has an attractive, comfortable dining area and a grand bar equipped with video gaming in a participation agreement with the Cardivan Company. A new owner must qualify for the same participation licensing. Percentages are determined by the weekly drop amounts collected by the gaming company. In addition, special features of this turn-key operation include a 50" glass chiller and reach in bar coolers, four 42" flat-screen TV's, a fryer, broiler, griddle, stove, oven, 2 drawer refrigeration unit, steam table, a sandwich refrigeration unit, freezer and ice machine. It's ready for an owner-operator with some working capital. There is a large wood deck for additional general seating or large parties. The dining area has new chairs and tables & booths, a Triton ATM and an Aloha POS. See photos. The lease is reasonable at .62 per SF for restaurant.

 

   
Year Business was Established: 1980
   
Number of Employees: 5FT/8PT  
   
Facilities / Terms of Lease: 1950 square foot building seats 42 with large deck for addtional seasonal seating.  
   
Owner willing to finance: OWC $70,000 at 8% for 48 months  
   
Owner willing to train: 2 weeks at 20 hours per week  
   
Reason for selling: other business interests  
   
Seller Reference Number: NV2246
BusinessMart.com Listing Number: 101137
 

 

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For more info contact:

Michael Floorman

BTI Group
415-227-4411

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