Pre-Approved for SBA financing. Therefore a well qualified, experienced buyer with good credit will only have to put down 25%, around $113,000. Simple to operate fast food business in Lake Tahoe right on the main Lake Tahoe Blvd and with an easy menu and efficient fast food kitchen which has been fully remodeled and modernized in 2016/2017. All the furniture, fixtures & fittings are virtually brand new making this business truly 'Turn Key.' An ABC Beer and Wine license is also included. Equipped with a new 10ft Type 1 hood and fire suppression system, two large 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 dining room seating 25 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 $644,000 and growing with incredible 30% profits of $200,000. This is achieved through an extremely low food cost. The Tahoe lifestyle awaits with an income to match! Complete the 'Non Disclosure Agreement' and we will send you the name and address plus the financial information, photos & a full list of equipment. We'll also send you the Broker's contact information so you can discuss this opportunity in more 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 Plus NNN
  • ExpirationNew Lease Negotiable
  • Yearly IncreaseContact For Info
  • OptionNew Lease Negotiable
  • Deposit3800

Financials

  • Monthly Revenue$60,000
  • Monthly Cash Flow$16,667
  • Annual Revenue$600,000
  • Annual Cash Flow$162,258
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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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