Long Established Lake Tahoe Restaurant

South Lake Tahoe, CA
El Dorado County

Asking Price: Annual Revenue:
$285,000 $1,008,308

Food & Beverage: Restaurants, Fast Food, Deli

Request More Information
Contact the Seller

RE: Long Established Lake Tahoe Restaurant Broker: Steve Zimmerman

Quick Facts

Asking Price: $285,000
Annual Revenue: $1,008,308
Net Profit: Not Disclosed
Cash Flow: $83,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 314811533
Broker Reference #: 3251

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Long Established Lake Tahoe Restaurant, Bar & Catering Business with Private Dining and Beer & Wine

RRC#: 3251
Asking Price: Offered At $285,000
Location: South Lake Tahoe, El Dorado County
Annual Revenue: $1,008,308
Annual Cash Flow: $83,000
Monthly Rent: $6,807 Including NNN

Listing Description:
This is one of Lake Tahoe's premier Restaurant, Bar & Catering Businesses which has been established since 2003. The main dining room seats 100 with 6 barstools at the bar and an outside Patio area for a further 30 plus a private dining room seating 100. The modern kitchen is fully equipped with a 10 burner stove with double oven, broiler, convection ovens, deep fryers and loads of refrigeration plus a walk-in cooler with ample dry goods storage. Catering is also a major revenue earner especially in the summer months. This business is well connected to the Tahoe wedding industry and caters many receptions in the private dining room and has a fixed site catering contract at a waterfront venue. This is a major opportunity for a new owner to take over a business for $285,000 with such an enviable reputation while also growing the revenue and profits. Current sales exceed $1 million with low rent and a long lease. Located on a major thoroughfare this excellent size business has 16 years of goodwill with a solid future. Please complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Information:
Organization: LLC
Established: 2003
Current Owner: 2003
Employees: 18 + Catering on Demand
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $84,026
Monthly Cash Flow: $6,917
Annual Revenue: $1,008,308
Annual Cash Flow: $83,000
Payroll: $28,131
Monthly Revenue: $84,026
Monthly Cash Flow: $6,917

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.

Additional Details:

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

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!