Entertainment Business

Stateline, NV (Douglas County)

Seller Financing Available
Entertainment Business
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Asking Price: $825,000

Cash Flow: $280,001

Gross Revenue: $400,001

EBITDA: N/A

FF&E: $35,000

Inventory: N/A

Established: 2017

Entertainment Business

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Business Description

A constant Top Performer on TripAdvisor, this fun and profitable business is in an ideal location, in a fast-growing industry. The current owner spends very little time working in the Business, and a new owner could enhance the already strong revenues by being more active.

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:
Stateline, NV
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,402 sf leased space
Competition:
Business is situated in an excellent location. Always a Top Performer on TripAdvisor, Yelp and Google. Highly recognizable branding is in place.
Growth & Expansion:
New owner could expand the business’ available space. Doing marketing would help bring in new customers, as there are already rave reviews on social media about this business. Selling more swag would bring in more income. Partnering with resorts would also be a lucrative income stream. New owner could enhance the already strong revenues by being an active owner/operator, as the current Owner spends very little time working in the Business.
Financing:
Seller will carry with an SBA Loan or a Satisfactory $180,000 Minimum Down Payment.
Support & Training:
2 Weeks
Reason for Selling:
Family
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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