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Listing View: Fine Tavern Bar & Grill - Ready for Owner-Operator - Verdi, Nevada


Fine Tavern Bar & Grill - Ready For Owner-operator
Verdi, Nevada

Offered at:
$150,000

Office Listing #   NV2246
Revenue: $442,272 / year
Cash Flow: $46,662 / year
Lease Rent: Contact For Info
Square Feet: 1950

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 Listing Description

This listing has been open and operated by this seller since 2/10. It''s been a restaurant/tavern since the mid 1980''s. Current owner has invested approximately $130k in tenant improvements. This restaurant is family friendly and clean! It has an attractive, comfortable dining area and a grand bar equipped with video gaming in a participation agreement with the Cardivan Company. A new owner must qualify for the same participation licensing. Percentages are determined by the weekly amounts collected by the gaming company. In addition, special features of this turn-key operation include a 50" glass chiller and reach in bar coolers, four 42" flat-screen TV''s, a fryer, broiler, griddle, stove, oven, 2 drawer refrigeration unit, steam table, a sandwich refrigeration unit, freezer and ice machine. It''s ready for an owner-operator with some working capital. There is a large wood deck for additional general seating or large parties. The dining area has new chairs and tables & booths, a Triton ATM and an Aloha POS. See photos. The lease is reasonable at .62 per SF for restaurant.

General Information
Contact Information
Organization:   LLC
Year Established:   1980
Current Owner:   2010
# of Employees:   5 FT, 8 PT
Seating:   42
Square Foot/Size:   1950
Parking:   ample
License(s) Required:   liquor, health, business
Days Open/Hours:   M-F 11-11, Sat-Su 9a.m-11pm
Reason For Sale:   other business interests
     
Financial Information
Revenue:   $442,272 / year
Cash Flow:   $46,662 / year
Payroll:   Contact For Info
Current  Inventory:   $5000
FF&E:   $75000
     
Lease Information
Lease Expiration:   4/2014
Lease Option:   4/2019
Security Deposit:   2400
     
Financing Information
Down Payment:   $85,000
All Cash:   130000
Listed by:   Elaine Nolan
 Business Team
Email: Email Seller
Phone:  (408)385-0412
Fax:  (408) 246-2219
Website:  www.business-team.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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