Operating for the local community of Lodi, California, Lakeside Snowhite Drive In has been a family run business for the last twenty years. To the city of Lodi, Lakeside Snowhite Drive In is known and cherished as a historic attraction. The location of this business reaps many benefits. Being located on a main road that connects Highway 99 and Highway 5, there is between 20,000 to 25,000 cars commuting past this location per day. The nearest competition is over 3 miles away. It's proximity to Lodi Lake is also very advantageous to the profit of the business. Activities provided at Lodi Lake include tours, boating, and kayaking and amenities offered include a playground, park and swimming pool. Lodi lake is a destination for all of Lodi events, including Zin Fest, Beer Fest, weddings, birthdays, graduations, K-12 school events, picnics, and all holiday events, including 4th of July, Memorial Day, Labor Day, etc. We are known on Google as having the best shakes in Lodi, also holding a 4.5 star Google review rating. There are a few improvements that could be made to the current business model that would make this location operate on a much higher level. Being that this business has been run by a couple, who is ready to retire, a major element this business is missing is any of the new and improved Online operating services such as Apple Pay, Uber Eats or any sort of Social Media Adding all these amenities would extend the potential of this business greatly. Adding more of a dinner service by extending the current hours of operation into the evening, during park closing, could also add much more revenue. The business could be converted to a drive through operation with minimal investment. Our 15,000 square foot lot allows for the availability to rent out to food trucks and vendors to add additional income. We provide lunch service to all surrounding winery employees, but this amenity could also be extended further. With the current operation, the business is making about 20-25% of its maximum potential. New Lease Negotiable. This establishment is a wonderful business opportunity. Lakeside Snowhite Drive In has been operating with the same business name very successfully since the 1950s, under only 2 different ownership, and still has the capacity for tremendous growth.

General Info

  • OrganizationSole Proprietorship
  • Established1959
  • Current Owner2006
  • Employees2
  • Reason For SaleRetirement

Facilities

  • Seating16
  • Square Feet359 building with 14,773 lot
  • Parking35
  • LicensesHealth Permit, Local business license
  • Open HoursContact for Info

Lease

  • RentNew lease available
  • ExpirationNew lease available
  • Yearly IncreaseNew lease available
  • OptionNew lease available
  • DepositNew lease available

Financials

  • Monthly Revenue$28,810.75
  • Monthly Cash Flow$8,333
  • Annual Revenue$345,729
  • Annual Cash Flow$100,000
  • Payroll5,709

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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