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Asking Price$1,400,000
Revenue$1,689,158 Established2014
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
4,000 sq ft Restaurant & Bar - ABC Type 47 Liquor License - Prime Lake Tahoe Location - Large Patio

RRC#: 3784
Asking Price: Offered At $1,400,000
Location: South Lake Tahoe, CA
Annual Revenue: $1,689,158
Monthly Rent: $23,832

Listing Description:
Modern 4,000 sq ft Restaurant & Bar in prime Lake Tahoe location. No expense has been spared on the original build-out just a few years ago. There is a ABC type 47 hard liquor license included with indoor seating capacity of 125 plus a huge patio seating a further 80. Annual revenues of $1.6 achieved with minimal marketing or advertising. This is a superb location and will be most sought after by the experienced restaurateur who can envisage the planned future redevelopment currently in the works. Bay area folks need to see this opportunity for an investment into this fast growing community with world renowned skiing, casino’s and of course, the picturesque playground of the Lake. Bar revenues are only 17% of the total so there is huge room for an increase in alcohol sales. The kitchen is fully loaded with a 15ft Type 1 hood and fire suppression system & two 36” flat top grills, 1 broiler, 2 deep fryers, smoker, 6 burner stove with oven, salamander, large walk-in, 2 upright freezers with ample refrigerated worktops. 20ft bar with barstool seating for 12, 12 beers on tap and POS system with glass fronted refrigerated reach-in’s making for a fully working hard alcohol bar with TV’s all around. Ample storage with a combination of booths and table seating and a massive patio with fabulous mountain views plus a large parking space. The current concept works well and is in demand but a new owner could alter to suit. The size and location of this restaurant is a rare commodity in Lake Tahoe and will generate great interest by locals and city folks looking to invest in this beautiful area. 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 & full 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.

General Information:
Square Feet: 3815 + 2000 Patio
Seating: 125 + 80 Patio
Employees: 18
Reason For Sale: Other Interests
Year Established: 2014
Hours: 10.00am - 10.00pm Daily - (Seasonal)
Parking: 50+

Financial Information:
Annual Revenue: $1,689,158
Annual Payroll: $ 468,000
Sale Reason:Other Interests
Ad #121173
Seller Reference #3784
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
888-995-9701
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