Bargain Bar and Restaurant in South Lake Tahoe!

Selling Restaurants proudly presents this unique opportunity to own and operate your very own substantial size Bar and Restaurant for a an unbelievable price! Situated 1/4 mile from the scheduled new Convention Center at the State line of Nevada, South Lake Tahoe, Nevada, right on the main Hwy 50 and next to six major Casinos. 2,800 Sq Ft inside accommodating approx 85 seats with a large 1,000 sq ft outdoor garden patio area seating another 50 with views of the Mountains and Lake Tahoe. There is ample parking for 100+ cars. This Bar lends itself to become the best late night music venue in Tahoe because of it's location, size and Cabaret license (all included in the sale). The dining room is beautifully appointed with a large Bar situated in the corner. Many upgrades were completed in 2007 with around $125k spent on a remodel, modernizing both the Bar and Restaurant with state of the art LCD TV's and sound system. The Kitchen is fully equipped and has walk in cold rooms and a complete cooking line and Hood system with a large servery allowing service for to be easily accommodated. The building makes the perfect setting for a sit-down full service Steak House dinner or a casual drink in the garden glancing at views of the Mountains and Lake Tahoe. There are many wedding receptions and private parties held in the Tahoe basin annually that could be so easily serviced from this restaurant. Tahoe�s beauty and the buildings versatility to accommodate groups and events without losing site of the many regular customers is a major plus for this sale. In time it could become one of Tahoe�s Premier live music nightspots for the locals and tourists alike and has an intimate club like feel. The contemporary menu has no competition in town and has been developed to encourage tastes from around the globe. It could also be converted to another concept. Presently the Restaurant is only open for Dinner and late night Bar, six nights a week. Therefore there is huge scope to increase business by opening for Lunch and Dinner, seven days a week, especially in this Tourist location. Due to family concerns the owner must return to his native Australia. Therefore the business is priced for a very quick cash sale. The Landlord is open to negotiate the terms of the Lease which is presently on a sliding monthly scale.
SBA financing is already in place and is assumable to extremely qualified and experienced buyers.

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Demographics

Population	3-mi.	5-mi
2014 Total Population	0	62
Households	3-mi.	5-mi
2010 Number Of Households	1,421	2,600
2010 Persons Per Household	2.10	2.05
Median House Value	$346,600	$506,211
Income Per Household	$57,054	$66,267
Businesses	3-mi.	5-mi
2009 Number Of Businesses	294	497
2012 Number Of Employees	10,716	13,194
2012 Total Annual Payroll	$161,389,000	$215,604,000

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