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For Sale: Restaurant - El Dorado County


Current Status: Active     Posting #: 253923     Last Refreshed: 10/20/19    
Contact: Steve Zimmerman At 415-945-9701  -  Also Email This Contact Below
Price:  $235,000     Down:  Call     Adjusted Net:  $84,000     Revenue:  $395,014    
Attributes:  Training & Support     Cooperation With Brokers?  Call
El Dorado County Restaurant Business For Sale Restaurant Company For Sale El Dorado County Restaurant Companies For Sale Buy, Sell A Restaurant Business Selling A El Dorado County Restaurant

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  Description About This Posting: Restaurant
Turn Key - Easy to operate Profitable Cafe - Daytime only - Main Thoroughfare Location in Lake Tahoe

3338
Asking Price: Offered At $235,000
Location: Lake Tahoe, El Dorado County
Annual Revenue: $395,014
Annual Cash Flow: $84,000
Monthly Rent: $2,250 Including NNN

Listing Description:
Enjoy the outdoor life and beautiful rural living in Lake Tahoe. This is a tremendous opportunity and a nice business to operate in South Lake Tahoe. Absolutely 'Turn Key' with modern dining room decor and a small but efficient kitchen. An SBA loan has been approved for the business aspect so qualified buyer's with good credit and at least 5 years restaurant experience should be able to obtain a 10 year 75% loan and need only $58,000 down. The present owners have built a highly successful cafe/sandwich business in the past 6 years. The rent is extremely low at $1.50 per sq ft and a new long term lease can be negotiated with the landlord. Easy daytime only hours at present, 7.30am - 2pm, so there is able scope to increase business especially in this booming tourist town. Highly visible location on the main blvd with good signage. The restaurant has 40 seats but also has a tremendous established 'ToGo' business. All the equipment is fully owned and there are no leased equipment. The kitchen has an 8ft type 1 hood with updated fire suppression system, large Garland flattop with double ovens, 4 burner stove with oven and wall mounted salamander plus refrigerated prep table and additional work surface. Ample storage and rear door delivery entrance. The nicely decorated dining room and well appointed server station with two 2 group Espresso machines and coffee grinders and large kitchen window makes for efficient, streamline service. There are good books and records with verifiable financials available and all the staff are in place showing with good revenues and provable cash-flow. The owner will train the buyer to successfully operate this business so 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 & list of equipment included with the sale. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Information:
Organization: LLC
Established: 1990
Current Owner: 2013
Employees: 9
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $32,918
Monthly Cash Flow: $7,000
Annual Revenue: $395,014
Annual Cash Flow: $84,000
Payroll: $11,432

To get more information about this Restaurant business for sale in El Dorado County 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 #253923 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you.

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