#1564
Reno Restaurants For Sale

Quality Thai & Sushi Restaurant in Major City, Nevada

$175,000

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.
TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client and sign the online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.

Sacramento Regional Manager Keith Simpson

Lease

Region:

Reno Restaurants For Sale

Lease Term:

Expires 2013

Total Monthly Rent:

$3,500

Security Deposit:

$3,500

Operations

Liquor License:

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

Every Day from 11.00am - 9.00pm

Year Established:

1975

Hood System Type 1:

Yes

Facilities

Indoor Seating:

100

# of Parking Spots:

100

Inside Sq. Ft.:

3,600

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 SBA Finance:

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

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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.