Pre-approved for a 75% SBA Loan, therefore a new owner may only have to finance around $80,000 for this newly remodeled Ice Cream/Burger/Shakes Restaurant with a beer and wine license located in Lake Tahoe. Simple to operate fast food business with an easy menu and an efficient fast food kitchen which was all modernized in 2015/2016. Equipped with a Type 1 hood and fire suppression system, two flat-tops, double deep fryer and oven with ample refrigeration including a brand new walk-in freezer. Multiple refrigerated worktops, upright fridges, two new Taylor ice cream machines ($10,000 each). Two walk-up windows for 'To Go' orders and a modern POS system for quick service. All Booth seating in the restaurant is complimented with a newly built patio seating a further 50 with Fire Pits and plumbed-in outside Gas Heaters. The bathroom is also all ADA certified. This is an extremely well managed and efficient business with 1,100 square feet indoors and 700 square feet of outdoor patio. A real gem with tremendous curb appeal right on the main Hwy with goodwill going back 30+ years. Annual sales of $600,000 and growing with incredible profits of $162,000. The Tahoe lifestyle awaits with an income to match! To receive full details of this business opportunity please complete the 'Confidential Agreement' request and we'll send you the lease, photo's, list of equipment & financial information. We will also send you the agent's contact information so you can discuss in further detail.

General Info

  • OrganizationContact For Info
  • Established1998
  • Current Owner2014
  • Employees8 Part-Time
  • Reason For SaleOther Interests

Facilities

  • Seating25 + 50 Patio
  • Square Feet1100 + 700 Patio
  • ParkingParking Lot + Street
  • LicensesHealth, Business & ABC Type 41 Beer and Wine Licenses
  • Open Hours11am - 10pm Daily

Lease

  • Rent$3,800 Inclusive
  • ExpirationNew Lease Negotiable
  • Yearly IncreaseContact For Info
  • OptionNew Lease Negotiable
  • Deposit$3800

Financials

  • Monthly Revenue$50,000
  • Monthly Cash Flow$13,522
  • Annual Revenue$600,000
  • Annual Cash Flow$162,258
  • 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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