Price Reduced on Beautifully First Class Appointed Restaurant On Nevada Side of Lake Tahoe

We present this unique opportunity to own and operate one of Tahoe's most beautifully appointed Restaurants situated on a major thoroughfare on the Nevada side of the Lake. The interior of this Restaurant is all wood; granite and tile finish with an easy to maintain slate floor and shows beautifully. Take a look at the photos and you'll fall in love with one of Tahoe's premier Restaurants and future Catering operation. You've got to see it!

LOCATION: Situated on the main Hwy 50 corridor, Nevada, 1 mile from the Nevada Casino's and scheduled new Convention Center at the State line, This unique Business sits in a free standing building.

ASSET SALE: The business is presently closed and offers a tremendous opportunity to a seasoned operator. Approximately 3,500 sq ft of quality build out. Separate, good size Bar with Granite bar top and wired for 6 gaming machines, seating around 40. Full POS computer system, Bose sound system and flat screen TV’s all included.

An outdoor Deck seating another 30, an on view Line Kitchen

(all equipment including Ice machine, glass washer and dish washer are all owed-NO LEASES, on anything). The well-appointed dining room with its nice rock Gas Fireplace seats a further 40.

On the second floor there is a 400 sq ft of Office and Storage.

SPORTS BAR: This opportunity would present well as a Sports Bar. It has the size, location and build.

LEASE TERMS: The lease terms would be brand new and negotiable with the Landlord. The Landlord fully expects a transition whereby the initial rent would be under market value and steadily increase over a period of time to assist the Tenant, especially in the early stages of development

Let’s be honest. Most landlords charge what feels like an arm and leg for rent in South Lake Tahoe. This restaurant’s Location and lease terms will make it extremely profitable. The building is one of a few newer buildings in Tahoe and benefits from a real quality build out with over $400k spent on the fixtures and fittings.

HISTORY: Buy the existing Restaurant and Caterings' reputation, concept, recipes, lease terms, furniture, fixtures, equipment, and Beer and Wine License OR bring Your Own concept and take advantage of negotiating new Long lease terms.

FINANCIAL PERFORMANCE: The seller has shared that the monthly sales are quite seasonal and the Seller will gladly discuss the monthly sales averages and expenses with serious buyers.

HOUR OF OPERATION: Previously the restaurant was only open daily from 5.00pm to 10.00pm. There is plenty of scope to increase business by opening for Lunch and to capitalize on the late after work crowd like other Nevada bars in Tahoe. This will increase the endless possible Catering business, especially in this Tourist location.

REASON FOR SELLING: The Seller wants to retire from the restaurant business and concentrate on their core business of High end Residential house development.

a Henriott Real Estate Services, LLC listing

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