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RE:  Lake Tahoe CA – Long Established Bar/Restaurant Contact:  Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $795,000
Annual Revenue: $3,165,910
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 30
BBN Listing #: 76411533
Broker Reference #: 4563

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Business Overview:

Price Reduced - Lake Tahoe CA – Long Established Premier Bar/Restaurant, Cocktails & Craft Beer – ABC Type 47 & 23 Licenses.

RRC# 4563
Location: Lake Tahoe

Price reduced for this premier bar & restaurant located in Lake Tahoe CA.
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.

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Financial Information:
Monthly Revenue: $263,825
Monthly Cash Flow: $25,000
Annual Revenue: $3,165,910
Annual Cash Flow: $300,000
Annual Payroll: $1,092,356

General Info:
Ownership: LLC
Established: 2014
Current Owner: 2014
Employees: 50
Reason For Sale: Other Interests
Monthly Rent: $8,326
Expiration: 2025 plus Two 5 year Lease Options

Square Feet: 3,586 225 Patio
Seating: 120 25 Patio
Parking: 85 parking spaces
Licenses: ABC Type 47, 23 & 58, Business and Health Permit
Days/Hours of Operation: 11.30am - 8.30pm Daily

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Property Features and Assets:

Square Feet: 3,586 225 Patio; Seating: 180 25 Patio; Parking: 85 parking spaces.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity


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