Entertainment Business

Reno, NV (Washoe County)

Seller Financing Available
Entertainment Business
Contact Seller

Asking Price: $1,050,000

Cash Flow: $343,001

Gross Revenue: $619,001

EBITDA: N/A

FF&E: $35,000

Inventory: $1,000

Established: 2017

Entertainment Business

Save Print Share Valuation Report

Business Description

Situated in the perfect location, this leading business is in a fast-growing industry that is also very fun and profitable. The Owner effectively utilizes various technologies, which ensures they are constantly a Top Performer on TripAdvisor for Things To Do in Reno. Recognizable branding is in place.

The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Locally, 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, robust nightlife offerings, high-performance schools -including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe.

From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business-Friendly Tax Climate.

Detailed Information

Location:
Reno, NV
Inventory:
Included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,402 sf leased space
Competition:
There is very little competition in this space. Business gets lots of activity from tourists due to popular online reviews. Always a Top Performer on TripAdvisor.
Growth & Expansion:
Current Owner spends very little time working in the Business. A focused operator could take this popular, profitable business to the next level with recognizable branding already in place. New owner could expand relationships with hotels and casinos. Establishing relationships with school organizations and sports teams could also enhance revenue.
Financing:
Seller will carry with an SBA Loan or a Satisfactory $250,000 Minimum Down Payment
Support & Training:
2 Weeks
Reason for Selling:
Family
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1676391 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


SuperTots

Franchise Opportunity In NV
Cash Required: $50,000