Selling Restaurants proudly presents this highly visible Thai & Sushi Restaurant operation offering the opportunity to own and run your own Restaurant business in Nevada. Present owners have operated this restaurant for the past 10 years, so there is plenty of History and Goodwill. Extremely successful, the owners wish to return to Thailand and therefore are offering there superb place at a knock down price. Sales are in excess of $500,000 per year at a low cost of sale. Location, location and location! This restaurant and bar is next to huge government offices, professional buildings and Casinos with more parking than you could possibly imagine. In the 90's it was large sports bar and still has 19 positions around the central bar hooked up for Gaming machines. There are no sports bars in the area and could so easily be transferred back to it's former style. The rent is under $1.00 a sq ft and the Landlord is willing to extend the lease with further options.
Fully equipped and turn key, available for just $175,000. Owners are willing to carry up to 40% of the purchase price to qualified buyers. 3,600 sq ft of good condition fittings and fixtures with a large kitchen and so much storage area. Situated in the center of the city, near Lake Tahoe, you couldn't wish for a better location.
Although "take out" is a popular part of this business, the space accommodates 100+ seats at one sitting.
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Sacramento Regional Manager Keith Simpson
Lease
Region:
Reno Restaurants For Sale
Total Monthly Rent:
$3,500
Operations
# of Full-Time Employees:
2
# of Part-Time Employees:
8
Hours Open:
Every Day from 11.00am - 9.00pm
Highlights
- Location, Location and Location
- Nevada Gaming a possibility
- 10 Yrs of Goodwill
- Large Restaurant and a Profitable opportunity
- 19 positions for Gaming machines on the Bar
- So much parking
- Center of this major City
- Near Lake Tahoe
- High visibilty, corner restaurant
- Plenty of unlimited signage
- Turn Key
- Highly profitable
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
40%
Demographics
Population |
5-mi |
2014 Total Population |
24,750 |
Households |
5-mi |
2010 Number Of Households |
9,694 |
2010 Persons Per Household |
2.50 |
Median House Value |
$186,200 |
Income Per Household |
$50,752 |
Businesses |
5-mi |
2009 Number Of Businesses |
882 |
2012 Number Of Employees |
18,778 |
2012 Total Annual Payroll |
$318,172,000 |
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.