RENO, Nevada
| Asking Price |
$160,000 |
Year Established |
2023 |
|
| Annual Revenue |
$323,416 |
Reason for Selling |
Family is no longer living in Reno. |
|
| Annual P/L |
$0 |
Attention |
Tony Padavich |
|
| Annual Cash Flow |
$189,365 |
Listing Number |
1012856 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Acquire a fully operational Japanese American ramen and bao concept in a premier food hall destination. Three years established with consistent 4.1/5 Google rating and strong brand recognition. This plug-and-play operation generates $323k+ annual revenue with industry-leading 26.8% food cost and $189k SDE.
Includes proprietary recipes, established supplier relationships, beer and wine license, and all FF&E. Currently absentee-operated, leaving significant upside for a hands-on owner-operator. Vendor license through February 2028 with extension options. Strong immediate cash flow supports SBA financing with 8.0x+ debt service coverage.
Ideal for owner-operators or couples seeking to maximize earnings. Potential to meet E-2 Investor Visa requirements. Located alongside major anchor tenants. $160,000 asking price.
Property Features and Assets:
<p>Founded in 2023, this concept has built a loyal following as a Japanese American ramen and bao restaurant inside one of Reno's premier food hall destinations. Over three years of operation, the business has developed proprietary recipes, an efficient kitchen system, and a strong reputation for quality, all while operating under absentee ownership, leaving significant upside for a hands on buyer.<br></p>
Market Competition and Expansion:
<p>This restaurant stands out with a strong online reputation, efficient food costs well below industry norms, and a recipe library built around imported, high quality ingredients. Its food hall location provides built in advantages such as shared foot traffic, lower overhead, and a vibrant communal dining atmosphere unmatched by standalone restaurants.<br> This concept is primed for expansion. An underutilized beer and wine program, a ready to launch menu addition requiring no extra equipment, and zero presence on third party delivery platforms all represent untapped revenue streams. A recent anchor brewery opening nearby has meaningfully boosted foot traffic, with the full benefit yet to be captured.<br> <br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity