#821
Reno Restaurants For Sale

New Restaurant Facility in Northern Nevada's Newest Retail Center

$299,000

This is a spectacular restaurant facility!! Leave as is our you can convert to any concept that you need!! It has over 3000 sq feet of space and the everything is state of the art- The owner put over $750,000 into this build out, and has decided to move, so you can own it for a fraction of the cost. Current sales are averaging around $50,000 a month, with a lease good for almost twenty years. If you need somewhere to put your next concept, make sure you check out this fantastic opportunity.

Broker Dave Hunter DRE License #01701732

Lease

Region:

Reno Restaurants For Sale

Lease Term:

9 plus 2 five yr options

Total Monthly Rent:

$9,375

Security Deposit:

$11,365

Financials

Last Year's Annual Gross:

$600,000

Operations

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

11-9 Sunday - Thursday
11-10 Friday and Saturday

Year Established:

2006

Hood System Type 1:

Yes

Facilities

Indoor Seating:

104

Outdoor Seating:

Inside Sq. Ft.:

3,000

Outside Sq. Ft.:

patio

Highlights

This facility is state of the art- like a new facility
Over 3000 sq feet of space
Seats 144 inside and 44 outside
Almost 20 years on lease
Purchase includes all assets and fixtures
Park right in front of restaurant
Located in newest retail center in Northern Nevada
Sales already at $50,000 a month
Over $750,000 invested in facility
Would convert to almost any concept
Set up as high quality, limited service concept
Great way to get your concept up and running

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	5-mi
2014 Total Population	27,661
Households	5-mi
2010 Number Of Households	9,937
2010 Persons Per Household	2.49
Median House Value	$422,400
Income Per Household	$81,080
Businesses	5-mi
2009 Number Of Businesses	1,263
2012 Number Of Employees	39,224
2012 Total Annual Payroll	$957,401,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.