25-yr Profitable Local Restaurant/Bar - Price Reduced
A fantastic opportunity to own an award-winning, local restaurant that has been an icon in Reno for 25 years. Everyone in Reno knows this place. It prides itself on being a causal, affordable, every-day dining option for families, friends, and neighbors. This is the gathering place for great food, drinks, televised sports, and gaming.
And the gaming component is significant. This establishment boasts a sophisticated computer management system, which documents all gaming activity, including payouts, awards, game choice, and more. With gold, silver, and bronze membership options, gamers represent a solid repeat customer base. And 80% of the gaming profits stay with the business.
The restaurant's wonderful staff includes two exceptionally talented employees, both managers (kitchen and dining area), who have three decades experience between them. This is a boon for an owner who would like to take a more hands-off approach with the restaurant to focus on other aspects of the business.
This business is a go-to for catering events of any size. Have a last-minute, large lunch meeting? Look no further! The friendly service and an extensive menu made from fresh, quality ingredients that are delivered daily are second to none.
This establishment has not had to market aggressively. In fact, nearby businesses call them to arrange monthly catering schedules based on their reputation. This side of the business could certainly be expanded with a little marketing. Need proof of long-term profits? The seller's records are available for his entire tenure at the business.
As Reno reinvents itself as a center of tech innovation (think Tesla, Switch, Apple, and Rackspace announcing new data centers here), the economy can only grow. Tesla, alone, is expected to create 6,500 jobs by 2020. With increased disposable incomes comes increased dining out. The new owner of this business will be able to build on local patronage via the burgeoning local population, as well as cater to the needs of their businesses.
Contact us today for more information on how this incredible enterprise could become yours.
4-year Profitable Neighborhood Restaurant
This restaurant/bar has become a favorite of local diners. The chef has been with the business since its inception, and the reputation of the quality menu has been cemented on such social media sites as Yelp and Open Table. A charmingly decorated interior gives the restaurant a warm, comfortable atmosphere. Outdoor patio seating adds vibrancy to this historic neighborhood during the summer months. The current owner has developed and maintained strong relationships with both employees and customers, and the result has been low employee turnover and a loyal customer base. 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, a robust nightlife, 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.