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- RE: $4.4 Million Lake Tahoe Investment
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
Asking Price: | $4,400,000 | |
Annual Revenue: | $1,400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 30 | |
BBN Listing #: | 947029 | |
Broker Reference #: | 4787 |
Business Overview:
$4.4 Million Lake Tahoe Investment – 15,246 sq ft parcel with 6,950 sq ft of Bar, Restaurant & Brewery with a Rented Unit
RRC# 4787Â
Location: Lake TahoeÂ
Description:
Amazing potential to own the land, property, bar & restaurant currently generating $1.4 million in sales revenues with 5,830 square feet of usable space. In addition, there is 1,124 square feet of office/storage plus a 1,150 square feet prior rented commercial unit bringing in an annual rental income of $45,000. There is so much growth potential. Total parcel is 15,246 square feet, with 8,100 of buildings, the remainder of the land is a parking lot. The Lake and Beach are only 100 yards away making this property a restaurant owner/investor’s dream. SBA may also finance this with a 25-year loan and the Seller is also willing to finance a large portion of the purchase to well qualified, experienced Buyers with sound financial history.
Completely renovated just 15 months ago to an extremely high standard which includes a fully equipped kitchen with a large type 1 kitchen hood, walk-in cooler and freezer plus stoves, fryers, broiler, flattop and convection ovens and all stainless-steel counter worktops. Seating for 155 with high tops and regular seating indoors, barstools for 20 and additional patio seating. An ABC Type 75 license is included which allows for the sale of hard liquor, beer & wine.
An entrepreneur restaurateur with a solid background wanting their own place or an investor with a manager and chef ready to kick this wonderful opportunity into full gear would be ideal.
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, & a 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.
Financial Information:
Monthly Revenue: $116,600Â
Monthly Cash Flow: Contact for InfoÂ
Annual Revenue: $1,400,000Â
Annual Cash Flow: Contact for Info Â
General Info:
Ownership: LLCÂ Â
Established: 2016
Employees:30Â Â
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included  Â
Facilities:
Square Feet: 6,950Â
Seating: 175 + Patio Â
Parking: AmpleÂ
Licenses:Health, ABC Type 75 & Business licensesÂ
Days/Hours of Operation: 12pm - 10pm Daily
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Property Features and Assets:
Facilities:
Square Feet: 6,950
Seating: 175 + Patio
Parking: Ample
Licenses:Health, ABC Type 75 & Business licenses
Days/Hours of Operation: 12pm - 10pm Daily
Market Competition and Expansion:
General Info:
Ownership: LLC
Established: 2016
Employees:30
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Reason for Selling:
Other InterestsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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