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#513
Lake Tahoe Restaurants For Sale

Lake Tahoe Restaurant and Banquet Facility with Bar and Type 47 License

$145,000
Lake Tahoe Restaurant and Banquet Facility with Bar and Type 47 License
This Listing is Expired
This restaurant facility services the local airport traffic as well as local government offices and local families. Current husband and wife team operate limited hours and earn over $63,000 a year. Rent is only $500 a month. Large 3000 foot facility has inside and outside seating. Large bar with type 47 license. Use the spacious building for restaurant, nightclub, receptions, banquets. There is also a large catering business included.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Lake Tahoe Restaurants For Sale
Lease Term:
options through 2016
Total Monthly Rent:
$500
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$114,315
Last Year's Owner's Cash Flow:
$63,575

Operations

Liquor License:
47
# of Family Employees:
2
Hours Open:
11-5 Tuesday - Saturday
11-4 on sunday
closed monday

was closed sun-mon last winter
Year Established:
1976
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
Outdoor Seating:
30
Inside Sq. Ft.:
3,000
Outside Sq. Ft.:
deck

Highlights

  • Lake Tahoe Business Opportunity
  • 3000+ sq foot facility
  • Earnings over $63,000
  • Perfect for husband/ wife team
  • Type 47 liquor license
  • Rent only $500 a month
  • Easily convert to bar/nightclub
  • Scenic location
  • Large space- perfect for reception business
  • Currently open only from 11-5
  • Private Jet Catering buisness
  • Great Banquet Facility

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 18,802
Households 5-mi
2010 Number Of Households 12,436
2010 Persons Per Household 2.36
Median House Value $353,200
Income Per Household $46,859
Businesses 5-mi
2009 Number Of Businesses 828
2012 Number Of Employees 14,824
2012 Total Annual Payroll $243,370,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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, 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, 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. DRE License # 01339409.


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