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Asking Price: $795,000

Lake Tahoe CA – Long Established Bar/Restaurant

Not Disclosed, CA
El dorado County

Price Reduced - Lake Tahoe CA – Long Established Premier Bar/Restaurant, Cocktails & Craft Beer – ABC Type 47 & 23 Licenses.RRC# 4563Location: Lake Tahoe Description:Price reduced for this premier bar & restaurant located in Lake Tahoe CA.GREAT FOOD, GREAT BEER, GREAT PEOPLE!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. For more information please visit: Financial Information:Monthly Revenue: $263,825 Monthly Cash Flow: $25,000 Annual Revenue: $3,165,910 Annual Cash Flow: $300,000 Annual Payroll: $1,092,356General Info:Ownership: LLC Established: 2014Current Owner: 2014 Employees: 50 Reason For Sale: Other InterestsMonthly Rent: $8,326 Expiration: 2025 plus Two 5 year Lease Options Facilities: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

Cash Flow $300,000
Revenue $3,165,910

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