Price Improvement! Restaurant/Catering Company 1.8x Multiple

Reno, NV (Washoe County)

Seller Financing Available
Price Improvement! Restaurant/Catering Company 1.8x Multiple
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Asking Price: $250,000

Cash Flow: $184,078

Gross Revenue: $780,053

EBITDA: $33,450

FF&E: N/A

Inventory: N/A

Established: 2000

Price Improvement! Restaurant/Catering Company 1.8x Multiple

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Business Description

This established restaurant and catering company has been in business since 2000. Established business with strong customer base and incredible brand recognition. Has won multiple awards since its inception and has been written about nationally and locally multiple times. Many more incredible accolades can be shared with interested and qualified parties.

Expansion is unlimited as the current owners have turned down thousands of dollars in business each year - year after year - without ever seeing a decrease in demand for their services. Many opportunities to launch new business opportunities abound, along with increasing restaurant sales through digital marketing, which the owners have not pursued.

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
Employees:
5
Facilities:
2,100 square foot
Competition:
This business has a strong, time-tested (16+ years) brand. A new Owner could capitalize on the rapid growth that is impacting Northern Nevada, and expand the catering side of the business as well as the restaurant portion of the business.
Growth & Expansion:
The current Owner has been turning down catering opportunities for years – and the requests keep pouring in. Endless opportunities exist for a motivated Buyer.
Support & Training:
The current Owner has been turning down catering opportunities for years – and the requests keep pouring in. Endless opportunities exist for a motivated Buyer.
Reason for Selling:
Retirement
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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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