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Iconic Downtown Bar In Washoe County For Sale

Washoe County, Nevada
Asking Price:
$290,000 (USD) Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Iconic downtown bar with indoor and outdoor seating in prime location in Reno. Seller just competed a renovation. The experience is casual with a floorplan unmatched by any competitors in Reno. A key focus of the bar is its wide assortment of beers and cocktails. Being sold as assets in place as bar has just reopened.

Please note this is a confidential matter and NO additional information will be provided until a Confidentiality Agreement, Buyer Profile and Proof of Funds have been submitted. Please hit the reply button or the Contact Seller button or email your information to receive a confidentiality agreement and learn more about this opportunity

This business is being priced and sold as a Sale of Assets in Place with limited or no books and records. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.

Property information

Real Estate:

Lease

Lease Terms:

1 option for 3 years

Leasehold Rent:

3000 per month NNN per annum

Location:

Busy street with strong foot traffic and parking.

Premises Details:

Unique building with features not found at any other bar in Reno.

Size in square feet:
1,500

Business Operation

Expansion Potential:

Reno is seeing incredible growth downtown. This bar is in a uniquely competitive location and the floorplan is unmatched in Reno.

Competition / Market:

Downtown Reno is seeing incredible growth and with that has come a new and diversified group of bars and restaurants in the area.

Reasons for selling:

Pursue other business interests

Years established:
3

Other Information

Support & training:

Seller will provide training at no cost to qualified buyer.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Business closed / Asset sale:
Yes

Contact Information

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