Business Overview:
Never before offered for sale, the Reno Club was established by Bob Blair in 1946 and has been in the present location since 1976. It is currently owned by Bob's son, John, who is regarded as a local and state leader in the industry. This business and the facility have both been lovingly maintained. Pride in ownership shows from the moment you walk through the door and see the clean, warmly lit surroundings that are accented by stained glass and well placed neon lighting. The casino and lounge floor spaces have been well utilized and are furnished with durable, attractive, and comfortable tables and chairs. A gorgeous stone fireplace enhances the atmosphere of the casino area.
The layout offers many benefits necessary to hard-working bar. The walk-in cooler runs the length of the 36' bar and features a load from behind stocking system that keeps the product fresh. A Maitre'D Point of Sale System offers detailed, flexible reporting options. A Berg Liquor Control System is in operation and has the ability to interface with the Point Of Sale. These systems prevent waste, employee theft, and are key to controlling liquor costs. A video surveillance is installed on the premises.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is situated on a high-traffic location in southwest Billings with a 2009 traffic count of 16,840 vehicles per day. The 3,745 Square Feet building sits on an 81,457 Square Feet paved lot and includes a large storage building. The building is concrete with cedar shake for durability and easy maintenance. The lot size is ample enough to allow expansion of the building while still maintaining plenty of parking. The owner feels that there is opportunity to market the services of the liquor store. Currently, there is not a kitchen or food service at this location.
Market Competition and Expansion:
Despite recent challenges to the Bar and Casino Industry, the Reno Club has only noticed a slight effect in bar and casino volume, and has seen an increase in package liquor sales. As throughout it's long history, the Reno Club is well positioned to easily survive and thrive in difficult economic times as well as during the good times. In addition, the business is now well served by the improvements made to the community south of the location, including the addition of Cabela’s and Sam’s Club.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.