$795,000.00
Asking Price
Status: Active
Posting ID: 278482
9/28/23
Description
For sale is a bar and restaurant open for lunch and dinner: indoor and outdoor patio dining, featuring hand-crafted and California comfort food. The creative and seasonal food menu are filled with farm-fresh items prepared daily from scratch. It was established 2014 with all management in place, 50 employees, and a long lease. Good books & records and full training will be provided by the owner of 9 years.
They have provable cash flow, growing revenues and located on a highly visible corner. Annual revenues in excess of $3 million with a low monthly rent of $8,500. There is a ABC full liquor Type 47 license with 3586 sq ft of indoors and outdoor patio dining.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
For more information please visit:
Financial Information:
Monthly Revenue: $263,825
Monthly Cash Flow: $25,000
Annual Revenue: $3,165,910
Annual Cash Flow: $300,000
Annual Payroll: $1,092,356
General Info:
Ownership: LLC
Established: 2014
Current Owner: 2014
Employees: 50
Reason For Sale: Other Interests
Monthly Rent: $8,326
Expiration: 2025 plus Two 5 year Lease Options
Facilities:
Square Feet: 3,586 + 225 Patio
Seating: 120 + 25 Patio
Parking: 85 parking spaces
Licenses: ABC Type 47, 23 & 58, Business and Health Permit
Days/Hours of Operation: 11.30am - 8.30pm Daily
RRC# 4563
Location: Lake Tahoe
To get more information about this Restaurant And Bar - Lunch And Dinner business for sale in Lake Tahoe please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #278482 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Restaurant And Bar - Lunch And Dinner, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $795,000.00
Down: Call/Email
Cash Flow: $300,000.00
Revenue: $3,165,910.00
Area: Lake Tahoe
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$464,879
Revenue
$2,899,885
Down
$1,599,000
Posting: 278295 | Available | 4/17/24
This company has over 40 years of experience in California's landscape construction and maintenance sectors. This company's stellar reputation and lengthy client list have enabled it to be an industry go to company. The business has concentrated on offering a wide variety of residential design/build
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Cash flow
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Revenue
N/A
Down
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For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
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$74,842
Revenue
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Down
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Revenue
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Down
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Total Investment
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Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 4/23/24
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Franchise Fee
Call/Email
Total Investment
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Min Liquid Cash
$59,000
Net Worth
N/A
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Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
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Cash flow
N/A
Revenue
N/A
Down
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Posting: 285637 | Available | 4/18/24
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Cash flow
Call/Email
Revenue
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Down
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Cash flow
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Revenue
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Down
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Asking Price
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Total Investment
$543,000
Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Asking Price
$350,000
Cash flow
$120,000
Revenue
$840,000
Down
$338,000
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Asking Price
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Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Cash flow
$235,715
Revenue
$1,320,000
Down
$25
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Cash flow
$50,000
Revenue
$380,000
Down
$154,900
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Asking Price
$154,900
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 4/17/24
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Cash flow
Call/Email
Revenue
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Down
$225,000
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$225,000
Bldg Size
6,632 Sq.Ft
Space Being Rented
Call / Email
Year Built
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Lease Amount
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Cash flow
$170,000
Revenue
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Down
$530,000
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Cash flow
$225,886
Revenue
$541,975
Down
$725,000
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
$200,000
Revenue
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Down
$181,250
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Cash flow
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Revenue
Call/Email
Down
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Revenue
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Down
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Asking Price
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I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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