Seller's Contact Information
- RE: Quick Service Restaurant - Lake Tahoe
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $285,000 | |
| Annual Revenue: | $538,298 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $103,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 8 | |
| BBN Listing #: | 783511533 | |
| Broker Reference #: | 4366 |
Business Overview:
Quick Service Restaurant - Lake Tahoe - Located on Main Thoroughfare with Views of the Lake
RRC# 4366
Location: Lake Tahoe, California
Description
Extremely popular Lake Tahoe Sandwich, Salad and Catering business in a Prime location right on the main thoroughfare and with views of Lake Tahoe and the near-by Ski resorts. This is an all year around business with an amazing reputation and winner of the ‘Best of Tahoe’ awards 2020 & 2021. The Mountain lifestyle with its world class skiing, November – May and the Lake as your summer playground, June – October makes living and working in this all year-round sheer bliss. This Café allows you to own a thriving business while still enjoying all that Lake Tahoe has to offer.
1,164 square feet of indoors and outside seating. Low monthly rent of $3,950 with annual sales revenues of $540,000 producing 19% profit at $103,000. Hours of operation are from 8am - 4pm allowing for either plenty of social time or to grow the business by remaining open in the early evening, capture the 'ToGo' diner or sunset views from the restaurant or expand the Catering opportunity as Tahoe is one of the top Wedding venue locations in the Nation.
To help you be a successful entrepreneur the restaurant is well equipped with the modern kitchen which includes but is not limited to;
Wells WVU 96 Ventless hood, Duke EPO 39 Full oven/proofer, deep fryer, Manitowoc 3320 Ice Machine, Superior 24' flattop griddle, two 2 door upright fridges, Randell 6' pizza prep refer, 4’ True pizza prep refer, Precision bakery display refer, s/s prep tables, 6' Mobile BBQ Trailer with storage, Square POS system and Catering equipment, tables and chairs.
Monthly rent is $3,600 including NNN with current lease until 2025, thereafter lengthened new terms to be negotiated with the landlord with the assistance of the Seller.
To receive more information and discuss this opportunity with the broker 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.
Financial Information
Monthly Revenue: $44,858
Monthly Cash Flow: $8,383
Annual Revenue: $538,298
Annual Cash Flow: $103,000
Annual Payroll: $147,913
General Info
Organization: LLC
Established: 2019
Current Owner: 2019
Employees: 4 FT & 4PT
Reason For Sale: Other Interests
Monthly Rent: $3,950 Including NNN & Taxes
Expiration: 2025
Facilities
Square Feet: 1,164
Seating: 25
Parking: Ample
Licenses: Health and Business
Days/Hours of Operation: 8.am - 4pm Daily
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Feet: 1,164 Seating: 25 Parking: Ample Licenses: Health and Business
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
Documents:
Relevant Links:
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