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For Sale: Restaurant, Bar, Commercial Kitchen With Catering - South Lake Tahoe, El Dorado

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Current Status: Active     Posting #: 266498     Last Refreshed: 3/17/21    
Contact: Keith Simpson At 888-995-9701  -  Also Email This Contact Below
Asking Price:  $1,300,000     Down Payment:  Call / Email     Annual SDC:  Call / Email     Annual Gross:  $1,689,158    
Business Address:  None Given     City:  South Lake Tahoe     Zip:  None Given    
Attributes:  Broker-Broker Coop, Training & Support
View All For Sale & Wanted To Buy Postings & Content From Keith Simpson
Price Reduced - Restaurant & Bar & Patio - ABC Hard Liquor License - Prime Lake Tahoe Location

RRC#: 3905
Asking Price: Offered At $1,300,000
Location: South Lake Tahoe
Annual Revenue: $1,689,158
Annual Cash Flow: Contact For Info
Monthly Rent: $23,832

Listing Description:
Price reduced to $1.3 million for this profitable 4,000 sq. ft. Restaurant & Bar in prime Lake Tahoe location next to many new high quality hotels and the newly planned conference center. No expense has been spared on the original build-out just a few years ago. There is a ABC type 47 hard liquor license included with indoor seating capacity of 125 plus a huge patio seating a further 80. Annual revenues of $1.6 achieved with minimal marketing or advertising. This is a superb location and will be most sought after by the experienced restaurateur who can envisage the planned future redevelopment currently in the works. Bay area folks need to see this opportunity for an investment into this fast growing community with world renowned skiing, casino's and of course, the picturesque playground of the Lake.

Bar revenues are only 17% of the total so there is huge room for an increase in alcohol sales. The kitchen is fully loaded with a 15ft Type 1 hood and fire suppression system & two 36' flat top grills, 1 broiler, 2 deep fryers, smoker, 6 burner stove with oven, salamander, large walk-in, 2 upright freezers with ample refrigerated worktops. 20ft bar with barstool seating for 12, 12 beers on tap and POS system with glass fronted refrigerated reach-in's making for a fully working hard alcohol bar with TV's all around.

Ample storage with a combination of booths and table seating and a massive patio with fabulous mountain views plus a large parking space. The current concept works well and is in demand but a new owner could alter to suit. The size and location of this restaurant is a rare commodity in Lake Tahoe and will generate great interest by locals and city folks looking to invest in this beautiful area. There is also 18 years remaining on the current lease.

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' and we'll send you the name and address of this business opportunity along with full financial information, lease & full 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.

General Information:
Established: 2014
Current Owner: 2016
Employees: 18
Reason For Sale: Other Interests

Square Feet: 3815 + 2000 Patio
Seating: 125 + 80 Patio
Hours: 10.00am - 10.00pm Daily - (Seasonal)
Parking: 50+

To get more information about this Restaurant, Bar, Commercial Kitchen With Catering business for sale in South Lake Tahoe, El Dorado please phone Keith Simpson (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 #266498 on BizBen.com. In addition to phoning Keith Simpson, make sure you email Keith Simpson above to get more info about this Restaurant, Bar, Commercial Kitchen With Catering, to ask any questions or request an appointment to see this business for sale. Thank you.

South Lake Tahoe, El Dorado Restaurant, Bar, Commercial Kitchen With Catering Business For Sale Restaurant, Bar, Commercial Kitchen With Catering Company For Sale South Lake Tahoe, El Dorado Restaurant, Bar, Commercial Kitchen With Catering Companies For Sale Buy, Sell A Restaurant, Bar, Commercial Kitchen With Catering Business Selling A South Lake Tahoe, El Dorado Restaurant, Bar, Commercial Kitchen With Catering Restaurant, Bar, Commercial Kitchen With Catering Business Opportunity

Email Keith Simpson Below About This Posting
No Spam
For Best Results & Response, Email & Phone This Contact: Keith Simpson at 888-995-9701.
Seller Selling Without Financials
Low Success Rate Business Buying





Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: Steakhouse Restaurant, Real Estate - High Net In Redding, Shasta County, California
Contact: Hans Monvik: 530-355-1942 Cell, 530-355-1942 Text
Status: Active  Posting #: 267160  Refreshed: 4/30/2021
Asking Price: $2,200,000  Down Payment: Call / Email  Annual SDC: $210,000  Annual Gross: Call / Email
Attributes: Broker-Broker Coop, Lifestyle, Real Estate Available, With Real Estate, Training And Support
Fast Track Posting ProBuy Landmark restaurant, steakhouse - this well established business has been in continuous operation for over 25 years (the only interruption has been for COVID protocol) is now operating and performing to pre COVID numbers. The sale includes all furniture, fixtures, equipment and liquor license. ALSO, this property has an adjoining 4.5 acres that has been engineered, and has plans for a 350 unit mini storage facility having 65,000 sq. ft. of buildings plus outdoor storage. in the center of a growing community. Current gross between $125-150,000 per month.
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