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SOLD – Coldwater Brewery & Grill, South Lake Tahoe

By in 2024 - Volume 26

JUST SOLD
Coldwater Brewery & Grill
South Lake Tahoe

Keith Simpson of Restaurant Realty Company is proud to announce the sale of the Coldwater Brewery & Grill, a thriving business in Lake Tahoe

Debbie Brown has been the force behind the success of Coldwater Brewery & Grill in South Lake Tahoe since 2014. After two decades of working in many of South Lake Tahoe’s restaurants and resorts, Debbie took the plunge and opening her own business which she aptly named the Cold Water Brewery & Grill, located in the former Swiss Chalet restaurant.

A former general manager at Stateline Brewery who oversaw its opening, Debbie’s first thought she wanted to open her craft brewery and grill at Heavenly Village. But as time passed, she could not settle on a suitable location. Maybe it was the timing, the place or the moment but at the busy corner of Lake Tahoe Boulevard and Sierra Avenue, where the old Swiss Chalet Restaurant once stood was now empty. The inside was gutted but there were large windows facing the intersection and Debbie’s vision of an outstanding Brewery took shape. After 18 years of tremendous success in the local restaurant business, it was time open her own. Success was immediate and Debbie enjoyed working with her 50 employees, teaching them all the secrets of her past successes. Have steered her ship through the pandemic it was now time to move onto to a quieter time and enjoy the fruits of her labor.

Through the original leasing agent, Scott Fair, Keith Simpson at Restaurant Realty was introduced to Debbie. She was a familiar face as the pair knew each other from when Keith owned restaurants in South Lake Tahoe. The pair immediately clicked and once listed for sale had many keen offers but not necessarily the right personal fit. Soon Buyers and locals, Kevin & Melanie Hubbert were successful in their bid for this Tahoe Icon. Kevin and Melanie met 10 years ago at the Half Moon Bay Brewery & Restaurant in the Bay area. Their knowledge and experience along with their young family were the perfect fit. Along with assistance from an SBA loan from Plumas Bank, their dream of owning their first business in Tahoe became a reality. Timing is everything as final ownership took place on June 14th, just in time for the 2024 busy tourist Summer season by the Lake. For the next 5 months it will be heads down and work hard with the great team of people Debbie has groomed all these years.

I wish Debbie a well-deserved, wonderful semi-retirement and Kevin and Melanie all success and future opportunity for their versatile Brewery, Bar, Restaurant & Catering in one of California’s most beautiful locations.

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