SBA loan pre-approved - Easy to operate Profitable Cafe - Daytime only - Main Thoroughfare Location
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
This business is SBA loan approved so for buyer's with good credit and at least 5 years restaurant experience a 10 year 75% loan is available thereby buyers 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 items. 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 allows for an 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.
Current Owner: 2013
Reason For Sale: Other Interests
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, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
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.
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.
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.
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.
I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.
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