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- RE: $3.30 Million Lake Tahoe Real Estate Investment
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
Asking Price: | $3,300,000 | |
Annual Revenue: | $1,400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $150,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 30 | |
BBN Listing #: | 993406 | |
Broker Reference #: | 5044 |
Business Overview:
$3.30 Million Lake Tahoe Real Estate Investment - 15,246 sq ft Parcel with 6,950 sq ft of Bar, Restaurant & Brewery
Seller may carry a large part of the Sale to assist Buyer's purchase a huge piece of Tahoe Real Estate, amortized over many years. Priced at $3.30 million, this is a major Lake Tahoe Real Estate investment which includes a profitable bar/restaurant business and extra rental property. The potential to own the land, property, bar & restaurant currently generating around $1.5 million in sales revenues with 5,830 sq ft of usable space. In addition, there is 1,124 sq ft of office/storage plus a 1,150 sq ft prior rented commercial unit bringing in an annual rental income of $48,000. Total parcel is 15,246 sq ft, with 8,100 sq ft of bricks and mortar with the remainder of the land for parking. The Lake and Beach are only 100 yards away making this property a restaurant owner/investor’s best scenario. SBA finance is available, approved for a long term 25-year loan, Also, the Seller may be willing to finance a large portion of the purchase to well qualified, experienced Buyers with sound financial history.
Completely renovated just 2 years ago to an extremely high standard which includes a Smart Beer Brew System with a 7 Barrel Smart Brew Room and 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 for 50. An ABC Type 75 license is included which allows for the sale of hard liquor as well as beer & wine.
An entrepreneurial restaurateur with a solid background yearning for their own place or an investor with an experienced restaurant 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. No Broker Coop.
Financial Information:
Monthly Revenue: $116,600
Monthly Cash Flow: $12,500
Annual Revenue: $1,400,000
Annual Cash Flow: $150,000
RRC# 5044
Contact the Seller:
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Property Features and Assets:
Facilities:
Square Feet: 6,950 + 15,246 sq ft parcel
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: 2022
Employees:30
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
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:
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