Share This Info:  
BizBen Posting Details

For Sale: Bar And Restaurant - ABC Type 47 - South Lake Tahoe

Save This Posting    Share This Posting    My Notes    Print    Monitor    Report    Add A New Posting

Current Status: Active     Posting #: 248736     Last Refreshed: 2/9/19     BRE License #: 01310250    
Contact: Steve Zimmerman At 415-945-9701  -  Also Email This Contact Below
Price:  $265,000     Down:  Call     Adjusted Net:  $70,000     Revenue:  $434,033    
Attributes:       Cooperation With Brokers?  No
South Lake Tahoe Bar And Restaurant - ABC Type 47 Companies For Sale

  Email Steve Zimmerman Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To Steve Zimmerman: 

No Spam
For Best Results & Response, Email & Phone This Contact: Steve Zimmerman at 415-945-9701.

  Description About This Posting: Bar And Restaurant - ABC Type 47
Lake Tahoe - Bar & Restaurant - ABC Type 47 Hard Liquor License with Spectacular Mountain Views

RRC#: 3180
Asking Price: Offered At $265,000
Location: South Lake Tahoe
Annual Revenue: $434,033
Annual Cash Flow: $70,000
Monthly Rent: $816

Listing Description:
Currently filming the new 'Top Gun' movie at this Bar & Restaurant which will promote this business tremendously and probably attract a huge amount of tourists once this blockbuster movie hits the box office. So MAKE an OFFER on this turn-key Bar and Restaurant with great staff in place with good revenues and provable cash-flow. At 2,800 square feet this business has the lowest rent in South Lake Tahoe, probably California at only $832. The landlord pays for the bathroom upkeep and cleaning, all snow removal and there is ample parking for 100+. Good books and records with verifiable financials set in a great location. Average monthly sales are around $40,000 combined with the extremely low monthly rent produces a healthy profit. Further increases in sales through social media and local advertising could achieve outstanding growth as the size and layout lends itself for growth potential. Tahoe businesses are seasonal but this long established Bar and Restaurant caters to the many locals and tourists alike, enjoying strong business all year round.

The large space and amazing views are a plus for the many parties and events that are hosted here. The mountain views are spectacular with all glass frontage and nice outdoor seating to accommodate up to 30 people. The high value El Dorado County ABC Type 47 hard liquor license is included with the sale, especially valuable as the bar and liquor sales produce a large portion of the revenue. Similar El Dorado County licenses have recently sold for $120,000. On the food side the kitchen has a type 1 hood with fire suppression system, which is serviced every 6 months at landlords expense, walk-in cooler. In 2016 the kitchen was upgraded and many appliances were replaced with new ones, including an Imperial 6 burner stove/flat-top with oven, Turbo air deluxe freezer & refrigerator, Avanco under counter fridge and Manitowac Ice maker. Other appliances include a double deep fryer, charbroil grill, 2 door upright reach-in fridge, sandwich prep fridge, and ample stainless steel work surfaces and a pass though dishwasher. The large hand cut slab pine bar seats 13 patrons and has additional high top tables in the bar area. Also included is a traditional pool table. The dining area currently seats 40, but could be arranged to allow for more seating. All combined, there is total seating for 80. The Patio overlook has an additional 30 chairs with spectacular views of the Sierra Nevada Mountains.

Please complete the Non Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Information:
Organization: LLC
Established: 1996
Current Owner: 2016
Employees: 7
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $36,170
Monthly Cash Flow: $5,834
Annual Revenue: $434,033
Annual Cash Flow: $70,000
Payroll: $11,567
Monthly Revenue: $36,170
Monthly Cash Flow: $5,834

To get more information about this Bar And Restaurant - ABC Type 47 business for sale in South Lake Tahoe please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #248736 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Bar And Restaurant - ABC Type 47, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Mike Brewer: Liquor License Brokers, ABC Consulting Services

Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Buying A Restaurant Can Be Challenging: 3 Key Tips For Restaurant Buyers

People always need to eat; there should be plenty of business. Some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program at 866-270-6278) reviews this topic.

Don't Buy A Restaurant Without Checking The Competition - Key Buying Tips

Looking to buy a restaurant business? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized California restaurant. Peter Siegel, MBA (BizBen's ProBuy & ProSell Programs & Restaurant Purchase Financing Expert) at 866-270-6278 covers this topic for buyers.

Buying A Restaurant With Financing: 5 Options For Restaurant Business Buyers

In this Discussion, Peter Siegel MBA (Business Purchase Financing Advisor at 866-270-6278) discusses financing of purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant, potential restaurant buyers have many options to choose from.

Why Restaurant Buyers Typically Fail: Best Pro Tips For Buying A Restaurant

Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!

Live Podcast: A Buyers Perspective - My Experiences & Buyer Tips

Mike is a seasoned Business Buyer and a member of the BizBen ProBuyProgram. On this Podcast he will discuss his past experiences dealing with brokers and business sellers and relay helpful advice to new buyers who may be starting the experience of seeking to buy a small or mid-sized business in CA.

What Should I Do If Other Buyers Are Trying To Buy The Same Business As Me?

Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Potential small business buyers are offered a few key ways that a buyer can beat out other potential business buyers in this article.

Absentee Run Small Businesses - Is That Really A Possibility For Buyers?

Is buying a absentee run small business really a possibility? Peter Siegel (BizBen ProBuy Director) gets asked this question a lot in his consulting sessions with business buyers. Read more about what other Advisors and Intermediaries feel about this topic on this popular BizBen Discussion!

Tips For Faster SBA Loan Approvals For California Small Business Purchases

In this article on BizBen, business purchase financing advisor and SBA loan broker, consultant Peter Siegel (Business Purchase Financing Expert/Advisor & the ProBuy Program Director at BizBen) at 866-270-6278 shares his views of getting SBA loan financing faster for business purchase financing.

See All News, Tips And Events


Close
Michael Brewer, ABC License Consultant
Business Purchase Financing SBA Loans
BizBen Podcasts Live
Chuck Post Laundromat Industry Expert
Facebook
Twitter
Linkedin
Google Plus You Tube
Vlogs and Podcasts
Live Podcasts On BizBen
Liquor License Brokers And Consultants
Business Purchase Financing Assistance And Loan Placement


Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bakeries
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Hotels/Motels
Ice Cream Shops
Juice, Smoothie Shops
Laundromats
Liquor Stores
Markets, Marts
Nightclubs
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Alameda
Alpine
Amador
Butte
Calaveras
Colusa
Contra Costa
Del Norte
El Dorado
Fresno
Glenn
Humboldt
Imperial
Inyo
Kern
Kings
Lake
Lassen
Los Angeles
Madera
Marin
Mariposa
Mendocino
Merced
Modoc
Mono
Monterey
Napa
Nevada
Orange
Placer
Plumas
Riverside
Sacramento
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz
Shasta
Sierra
Siskiyou
Solano
Sonoma
Stanislaus
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million



BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2019, All Rights Reserved

               Vlogs and Podcasts  
Join Us On Social Media - Content Updated Daily
Sign Up Today - For Our FREE BizBen Weekly Email Newsletter
Includes The Best Info On Buying, Selling, Valuing, Financing California Businesses:
Articles, Blog Posts, Podcasts, Videos/Vlogs, Discussions, Q&A, Workshops, Webinars,
Resources. Watch For An Email Confirmation After Signing Up Above. Thank you.
Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 
Search BizBen.com

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
Don't Buy A Restaurant Without Checking The Competition - Key Buying Tip...
Read More News
Buying A Restaurant With Financing: 5 Options For Restaurant Business Bu...
Read More News