This Restaurant/Bar space has an enviable location with panoramic views of the Lake. 3,600 square foot space with its outdoor patio area would suit an experienced operator or owner wishing to expand with the ability to transform this superb location into a premier bar and restaurant. The fully fitted kitchen, bar and dining room needs some upgrades but this is a truly dream location. This location is the shared property of a 100 bedroom high performing hotel just steps away which has recently completed extensive renovations and a comprehensive rebranding. This will make for a natural market opportunity along with many close-by businesses, homes and campsites. Lake front bars and restaurants are very few in number, which makes this 180-degree lake view property a tremendous opportunity for an entrepreneur wishing to enjoy the success of bar & restaurant ownership. South Lake Tahoe is a vibrant mountain community with a population of residents and visitors who love to hike, bike, SUP, swim, kayak, ski, and board. Lake Tahoe's South Shore is in the midst of a revival where older motels are transforming into trendy lodgings, a growing craft brewery scene has emerged, new restaurants are on the rise, and hundreds of luxury condos are set to hit the market. Technology is attracting business owners and workers who are devoted to fostering a unique, active lifestyle revolving around the Sierra Nevada mountains and the largest alpine lake in North America - an unparalleled combination that has people calling South Lake Tahoe the outdoor capital of the world. To receive full details of this business opportunity please complete the 'Confidential Agreement' request and we'll send you the the agent's contact information so you can discuss in more detail.

General Info

  • OrganizationContact For Info
  • Established1996
  • Current Owner1996
  • EmployeesContact For Info
  • Reason For SaleConsolidating

Facilities

  • Seating140 + Patio
  • Square Feet3600
  • Parking50+
  • LicensesHealth, Business and ABC Type 47 License
  • Open HoursContact For Info

Lease

  • Rent$10,000 per month
  • ExpirationNew Lease
  • Yearly IncreaseNew Lease Negotiable
  • OptionNew Lease Negotiable
  • DepositNew Lease Negotiable

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

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.

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