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For Sale: Bar, Restaurant - ABC Type 47 License - Lake Tahoe

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Current Status: Active     Posting #: 244154     Last Refreshed: 9/29/19     BRE License #: 01310250    
Contact: Steve Zimmerman At 415-945-9701  -  Also Email This Contact Below
Price:  $160,000     Down:  Call     Adjusted Net:  Call     Revenue:  $600,000    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Lake Tahoe Bar, Restaurant - ABC Type 47 License Business For Sale Lake Tahoe Bar, Restaurant - ABC Type 47 License Companies For Sale Buy, Sell A Bar, Restaurant - ABC Type 47 License Business

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  Description About This Posting: Bar, Restaurant - ABC Type 47 License
Price Reduced! - Bar & Restaurant with ABC Type 47 License on Main Hwy with Cocktail/Beer Garden.

3038
Asking Price: Offered At $160,000
Location: Lake Tahoe
Annual Revenue: $600,000
Annual Cash Flow: Contact For Info
Monthly Rent: $5,475

Listing Description:
The price has been to reduced to $160,000 for this local's favorite bar and restaurant which is steeped in history and is a Tahoe Icon. A high value ABC type 47 hard liquor license is included with the sale (Value $100k) along with booth and table seating for 50. 11 high bar and low tables along with bar seating for a further 10 at the bar. There are 7 large flatscreen TV's, a POS system and sound system plus sports memorabilia throughout the bar and restaurant areas. The 4,000 sq ft Garden has 16 picnic tables with seating 100 in total, a commercial BBQ and a 4 keg beer Kegerator. The Commercial kitchen is loaded with a type 1 hood and fire suppression system, walk-in cold room, range, broiler, fryer, food slicer, upright refrigerator and dishwasher. Located on the main hwy with ample parking, large floodlit signage and with tremendous curb appeal. Please complete the 1/2 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: Contact For Info
Established: 1990
Current Owner: 2008
Employees: 16
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $50,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $600,000
Annual Cash Flow: Contact For Info
Payroll: $16,541

To get more information about this Bar, Restaurant - ABC Type 47 License business for sale in 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 #244154 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Bar, Restaurant - ABC Type 47 License, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Mike Brewer: Liquor License Broker, ABC Consulting Service

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.

Harry Sidhu, CBB, Broker: SF Bay Area, Central Valley, SAC Region

Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.

Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

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.

Peter Siegel, MBA, BizBen Founder, Lead Facilitator - ProBuy, ProSell

Founder & President Of BizBen.com (since 1994) & BizBenNetwork.com. I am the Lead Facilitator for the ProSell & ProBuy Programs on both platforms. I consult daily with business buyers, owner/sellers, and intermediaries daily about buying and selling businesses. Reach me direct at 925-785-3118.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.


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