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Listing #3557 | Details on this A Well Located Easy to operate Pizza Restaurant in South Lake Tahoe |
Price: $70,000 |
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Don't miss this great opportunity to own and operate one of Tahoe's great pizza restaurants. This is an opportunity to be your own boss for minimal investment. You can enjoy the Tahoe summer outdoor and winter skiing lifestyle while making a good living.
The business is turn-key with all the equipment for operations running in good condition. You can walk in today and find an operational and successful business with a great product. Take a look at the photos, list of equipment, and stop by for a pie and you'll see just how good it is.
LOCATION: Situated on the main highway in the center of South Lake Tahoe the parlor services the casinos less than 2 miles away and all of South Tahoe’s hotels and residential subdivisions. The coming of the divided highway from Reno and building of the convention center in South Lake Tahoe offers great potential to the area. The parlor is located in a large outdoor mall with major anchor stores. The location is highly visible and has plenty of free parking.
LEASE TERMS: The fantastic lease terms make this Pizza bar opportunity one of the best you’ll find in this market. Total monthly rent is only $3,100 for 1,700 total usable square feet. Folks!! THAT’S ONLY $1.80 per square foot. Not only is that amazing monthly rent, the lease terms get even better. The monthly rent is FIXED at this rate and increases ONLY by 3% or the consumer price index. Many upgrades to the parlor were completed in 2010, the location had passed all health inspections.
Let’s be honest. Most landlord’s charge what feels like an arm and leg for rent in South Lake Tahoe. This restaurant’s incredible lease terms make it Extremely possible to make a profit. Many upgrades were completed in 2010.
HISTORY: This location has hosted a successful pizza restaurant since the mid 1970’s. This is an opportunity to buy the existing pizza restaurant’s long standing reputation, concept, recipes, lease terms, furniture, fixtures, equipment, and beer and wine license OR bring your own concept to the location.
HOUR OF OPERATION: Presently the Restaurant is open for 11.30am to 10.00pm daily. There is huge scope to increase business with further delivery and Pizza party's, especially in this Tourist location.
REASON FOR SELLING: The Seller has made improvements to the physical restaurant and established it as the best pizza in South Lake Tahoe. The Seller is operating the parlor with a very capable general manager and between 3 and 12 employees depending on the season.
This is a Paramount Restaurant Brokers, Inc., Listing. A California Corporation
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| Listing Status: |
Expired |
| Price: |
$70,000 |
| Location: |
Reno Carson City
Lake Tahoe
Lake Tahoe
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| Last Year's Annual Gross: |
$269,000 |
| Lease Information: |
Expires March 2013 + 2 x 3 year option |
| Monthly Rent: |
$3,160 |
| Liquor License: |
41 |
| Indoor Seating: |
30 |
| Outdoor Seating: |
25 |
| # of Part-Time Employees: |
5 |
| Hours Open: |
Mon - Thursday 11.30am - 10.00pm
Friday & Saturday 11.30am - 11.00pm |
| Year Established: |
1980 |
| Inside Sq. Ft.: |
1402 |
| Hood System: |
No |
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- A very Nice Pizza establishment
- Great Location on Busy Main Hwy
- Major Crossroad, High Visibility
- Well Established with a great reputation
- Huge Car Lot
- Seating for 30 indoor
- Sales should grow by promoting Delivery
- Good Kitchen space
- Only 5 part time Employees to manage
- This used to be one of the busiest Pizza Restaurants in Tahoe
- low Rent for the area
- So Easy to Operate
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| Other Listings In The Area |
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The Perfect, Turn Key Opportunity to own this Popular Restaurant in Lake Tahoe |
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Location:
Lease: Expires 2013 + 2 x 5yr Options
Monthly Rent: $6,000
Annual Revenue: $815,000
Annual Profit: $149,611
Sq. Ft. 3,367
Price: $329,000
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-
The Perfect, Turn Key Opportunity to own this Popular Restaurant in Lake Tahoe |
|
Location:
Lease: Expires 2013 + 2 x 5yr Options
Monthly Rent: $6,000
Annual Revenue: $815,000
Annual Profit: $149,611
Sq. Ft. 3,367
Price: $329,000
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|
-
The Perfect, Turn Key Opportunity to own this Popular Restaurant in Lake Tahoe |
|
Location:
Lease: Expires 2013 + 2 x 5yr Options
Monthly Rent: $6,000
Annual Revenue: $815,000
Annual Profit: $149,611
Sq. Ft. 3,367
Price: $329,000
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Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.
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