PRICE REDUCED: Adele's - One Of Nevada's Top 10 Restaurants For Sale

Carson City, NV (Washoe County)

PRICE REDUCED: Adele's - One Of Nevada's Top 10 Restaurants For Sale
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Asking Price: $999,999

Cash Flow: N/A

Gross Revenue: $1,864,140

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1984

PRICE REDUCED: Adele's - One Of Nevada's Top 10 Restaurants For Sale

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Business Description

GET A THRIVING BUSINESS FOR FREE! Buy Adele's building at fair market value, and get one of Northern Nevada's premiere fine dining restaurants for free. Adele's averages $1.8MM+ a year in gross sales. This charming establishment has been a local's favorite for almost 60 years and is an integral part of the community. In fact, it was just honored as being one of the Nevada's most beautiful Restaurants (9th place - see the actual write-up on the URL address below). The building itself is very special -- it was built in 1864! Situated on the main street in historic downtown Carson City, Nevada, for the past 40 years, it has been known as Adele's Restaurant and Lounge. Previous to that it was a popular bar and antique store called The Music Box. Its great location has helped position itself as a go-to place for all occasions for all people. From formal to casual, romantic to business, locals and travelers alike love this facility. Tesla, Switch, Apple, Rackspace are among many businesses big and small that are choosing to call Northern Nevada home due to tax and business-friendly policies, a skilled workforce, and a high quality of life. Additionally, Northern Nevada offers excellent shopping and dining options, a robust nightlife, high-performance schools--including a Tier 1 university with over 20,000 students--and is just half an hour from beautiful Lake Tahoe. If interested in all or partial, Adele’s existing Inventory, Furniture, Fixtures and Equipment, Name, and Recipes are subject to additional negotiation.

Detailed Information

Location:
Carson City, NV
Real Estate:
Owned
Building SF:
4,490
Employees:
19
Facilities:
This beautiful two-story Victorian building offers: a 4,490 +/- square foot full service restaurant licensed to seat 148 (interior restaurant seats 82, bar/lounge area seats 34, outside veranda seats 32); a kitchen complete with a well maintained and great work triangle capable of producing $1,400,000 in Annual Food Sales; $150,180 in furniture, fixtures and equipment (extra cost); ADA Restrooms; two fireplaces; built-in cabinets and wine racks; 990+/- square feet of storage upstairs; and a private parking lot with 11 spaces. A veranda was also added to expand the space and offer al fresco dining. The result is an inviting, elegant establishment that honors the structure's original era as well as the modern community in which it resides.
Reason for Selling:
Retirement
Business Website:
http://www.adelesrestaurantandlounge.com/
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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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