Downtown Bar Great Location

Reno, NV (Washoe County)

Seller Financing Available
Downtown Bar Great Location

Asking Price:$89,000

Cash Flow:$46,662

Gross Revenue:$185,752





Downtown Bar Great Location

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Business Description

With the continual growth in Reno business has no where to go but up. This bar is situated in the heart of downtown and prime location. There is so much untapped potential with current location and limited hours. Locals and tourists are constantly in the area and with even more influx of people attending all the special events creates an opportunity to capitalize on the crowds.

The Northern Nevada area has a small town feel with a big city attitude. The community offers excellent shopping and dining options, robust nightlife offerings, high-performance schools --including a Tier 1 University with 20,000 students -- and is just a half an hour from beautiful Lake Tahoe.

No matter the size or industry of your business-interests... Northern Nevada is an excellent place to be. Companies both big --including Tesla and Switch -- and small are choosing to call the Reno-Tahoe area home due to tax and business-friendly policies, a skilled workforce and a high quality of life. Whether you love outdoor activities, exciting nightlife, or the serenity of Lake Tahoe, the Northern Nevada area has something to enjoy for the whole family.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This leased space is in a busy area of the downtown and events happening in the area. It is situated in a beautiful building with up to 11 years left on lease at below market value rent. There is potential for growth as well by expanding into adjacent space. Building size is 1,400 sq ft for a total of $2,863 per month including cams.
Potential for expansion is a definite and aligning with all the numerous events in the immediate area this bar could definitely grow. Opportunity to extend the hours and tap into the Happy Hour for locals and tourists.
Growth & Expansion:
With having more working capital you could do a lot more local advertising and growth. Social media could be expanded to also promote business.
Terms acceptable to Seller
Support & Training:
Seller will provide Buyer with up to a month's worth of training if needed.
Reason for Selling:
Focus on Other Main Business

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Bradley Bottoset

Business Listed By:
Bradley Bottoset

The Liberty Group of Nevada

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