Staple Reno Restaurant for Sale

Business Details

  • NV
  • Reno
  • 170 S. Virginia Street
  • La Famiglia
  • $550000
  • Restaurant
  • 2005
  • Active
  • 3309
  • 3.5 years remaining with two 5 year options
  • None

La Famiglia Ristorante Italiano is a family-owned and operated restaurant. The owner has been in the restaurant business in Reno for nearly 25 years and has created a staple Italian restaurant in the revitalized Downtown Reno area. The restaurant has long standing employees and is currently open for dinner (5pm to 9pm) Monday through Saturday. A full liquor license is included in the sale price.

Located just a few steps from the main entrance to Reno’s Pioneer Center for Performing Arts, La Famiglia is a staple for those seeing a show or exploring the expanding Downtown Reno area. The restaurant is 3309 square feet and is located in a 17,163 square foot building. In addition to ample public parking the lease includes 2 designated spaces in the back of the restaurant. The lease has 3.5 years remaining and two 5 year options. The current owners have occupied this space for 6.5 years. Equipment is 5-10 years old.

Since the mid 1990’s, downtown Reno has been undergoing a steady revitalization effort. The revitalization started with the Raymond I. Smith Truckee River Walk. The River Walk and future projects has and will continue to create an epicenter of restaurants and shopping, which is accessed by S. Virginia Street. The restaurant is currently open for dinner only and is closed on Sundays. Growth opportunities would include expanded hours/days.

Contact Us About This Property

Agent Contact Information:

Jessica Barton
jbarton@businessoppbrokers.com

Main Office:

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(530) 550-4100