A highly Reputable South Lake Tahoe Restaurant business with real estate Included & type 41 beer and wine license. This restaurant business with land and buildings is SBA loan Pre-approved for a 25 years bank loan which is a huge benefit for experienced operators with good credit. The loan repayment could be arranged at around $4,000 per month which is less than rent would ever be for a building of this size and quality. You would also be investing in YOUR future and the future gains in real estate values. 29 years in the same ownership this 90 seat business has consistently performed with annual sales of around $600,000 with sellers discretionary cash-flow of $110,000 The building is approximately 2,500 square feet on a Lot size of 29,098 sq ft, Lot Acres, 0.67 and has outdoor garden usage. This is the optimum size for an owner to enjoy growth in sales volume and a comfortable living profit. The beer and wine license included allows for scope to increase business within it's current use or you could change the concept. Located on the main Hwy into South Lake Tahoe, this long established restaurant has excellent curb appeal and the building and business are in an absolute "Turn Key" condition. With ample parking and signage, this attractive building and business is a real 'Gem' in Lake Tahoe. After 29 years of proud ownership the owners are ready to retire and pass the mantle on for another owner to enjoy a successful business while living in one the most beautiful places on earth. Please complete the 'Confidential Information' request at the top of this page and we will send you the name and address of this business plus the financials & lease. We will also send you the broker contact information so you can discuss this opportunity in more detail. No Broker Co-op!

General Info

  • OrganizationContact For Info
  • Established1940
  • Current Owner1986
  • Employees15
  • Reason For SaleOther Interests

Facilities

  • Seating90
  • Square Feet2500 + Garden
  • Parking25+
  • LicensesHealth, Business and ABC Type 41 beer and wine
  • Open Hours11.00am - 9.00pm Daily

Lease

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositContact For Info

Financials

  • Monthly Revenue$50,000
  • Monthly Cash Flow$9,056
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$14,013

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location