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For Sale: Restaurant And Bar - Lunch And Dinner - Lake Tahoe, California

$795,000.00

Asking Price

  • Status: Active

  • Posting ID: 278482

  • 9/28/23

Lake Tahoe Restaurant And Bar - Lunch And Dinner Business For Sale
Restaurant And Bar - Lunch And Dinner Company For Sale
Lake Tahoe Restaurant And Bar - Lunch And Dinner Companies For Sale

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.

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Contact

  1. Name: Steve Zimmerman
  2. phone iconPhone: 888-995-9701

Details

  1. Asking Price: $795,000.00

  2. Down: Call/Email

  3. Cash Flow: $300,000.00

  4. Revenue:    $3,165,910.00

  1. Area: Lake Tahoe

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

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Related Links & Information Regarding This Posting

Email Steve Zimmerman Below About This Posting


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