Price reduced for this premier bar & restaurant located in Lake Tahoe CA.
GREAT FOOD, GREAT BEER, GREAT PEOPLE!
Open for lunch and dinner: indoor and outdoor patio dining. Featuring hand-crafted and California comfort food. Creative and seasonal food menu are filled with farm-fresh items prepared daily from scratch. Established 2014 with all Management is in Place, 50 Employees and a Long Long Lease. Good Books & Records and full Training will be provided by Owner of 9 years. Provable Cash Flow, Growing Revenues and located on a highly visible corner. Annual revenues in excess of $3 million with a low monthly rent of $8,500. ABC full liquor Type 47 license and spacious bar & restaurant with 3586 sq ft indoors and outdoor Patio dining.
To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution, please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
- Current Owner2014
- Reason For SaleOther Interests
- Seating120 + 25 Patio
- Square Feet3,586 + 225 Patio
- Parking85 parking spaces
- LicensesABC Type 47, 23 & 58, Business and Health Permit
- Open Hours11.30am - 8.30pm Daily
- Yearly Increase2.7%
- OptionTwo 5 year Lease Options
- Monthly Revenue$263,825
- Monthly Cash Flow$25,000
- Annual Revenue$3,165,910
- Annual Cash Flow$300,000
- 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.