#1169
Lake Tahoe Restaurants For Sale

Restaurant located in busy South Lake Tahoe Corridor

$149,000

Selling Restaurants presents this business right on busy Highway 50 at Stateline Nevada. The building is over 2,800 sq. ft. with a great kitchen, patio area in front, plenty of parking and hard liquor as well as cabaret license. The current business has been in place since late Summer of 2007, and the owner has other business responsibilities to attend to - so his loss is your gain. The building has direct visibility to drivers on Highway 50, so the potential to pull in business from this busy corridor is great. New owner could greatly increase profits by adding gaming to this business.

Please select one of the bright orange buttons below to get the name and address of the restaurant. If you're not a registered buyer, it will ask you to register. It costs you nothing! And you'll get placed on our e-mail list getting first look at our newest listings. This business offered through West Coast Brokerage Group, Inc. not Paramount Restaurant Brokers, Inc.

Broker Dave Hunter DRE License #01701732

Lease

Region:

Lake Tahoe Restaurants For Sale

Lease Term:

5 year with option for 5

Total Monthly Rent:

$9,912

Security Deposit:

$9,912

Operations

Liquor License:

Hard Liquor

# of Full-Time Employees:

# of Part-Time Employees:

Hours Open:

11-3 lunch
5-9 Dinner

Year Established:

2007

Hood System Type 1:

Yes

Facilities

Indoor Seating:

100

Outdoor Seating:

Inside Sq. Ft.:

2,832

Outside Sq. Ft.:

500

Highlights

Right on Highway 50 in Stateline
2800 square feet
Hard Liquor and Cabaret License
Large easy parking
All assets go with sale of the business
Great interior feeling
Sales are averaging $40,000 a month
Increase profits by adding gaming to business

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

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

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward 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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.