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#6005
Lake Tahoe Restaurants For Sale

Restaurant/Bar - Lake Tahoe - Prime Location

$249,000
Available
Restaurant/Bar - Lake Tahoe - Prime Location



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SellingRestaurants has a Restaurant/Bar Opportunity!

European Style Eatery with Beer & Wine in Lake Tahoe.

Main Boulevard with lots of tourist traffic!

Great Reviews! What do customers say: Delicious food, nice atmosphere. I highly recommend and will definitely go back.

Keep the menu or add you concept...save big $$ Build out only a few years new. Why spend $500K starting from a shell build-out.

Menu: European menu is prepared from scratch. The quality of the food is very important they only use fresh ingredients.

Kitchen:  Comes with two Ansul Hood systems, Walkin coolers, prep stations & equipped with all the necessary equipment to serve lunch and dinner and catering.

Lease: Newer Upscale Retail Center... $11,898 including nnn for 1,989 + 308 basement sqf.  

 Features:

  • Type 41 license
  • Large Kitchen...cook anything and cater too!
  • Web page, Facebook page
  • Walking distance to hotels, skiing & casinos 
  • Plenty of storage
  • Walk-in Beer Cooler for kegs and lines run to taps...with even more secure storage in the parking garage
  • Beautiful Retail center with Outdoor patio seating near other high-volume Bar/Restaurants and activities!

For the right buyer who wants to take advantage of this opportunity, you will get all the assets including FF&E, 41 Liquor license, Recipes and Name.

Full build out about 3 years ago.

Reasonable offers entertained!

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Lake Tahoe Restaurants For Sale
Lease Term:
Expires Feb. 2023 plus 5 year option
Total Monthly Rent:
$11,899

Financials

Last Year's Annual Gross:
$451,460
Last Year's Payroll Cost %:
23.8

Operations

Liquor License:
41
# of Full-Time Employees:
5
# of Working Owners:
2
Hours Open:
12-9 5 days
Year Established:
2016
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Outdoor Seating:
40
Inside Sq. Ft.:
1989 + 308
Outside Sq. Ft.:
200+

Highlights

  • Freshly Built out restaurant in 2018
  • Great Reviews
  • Huge Foot Traffic
  • Close to Skiing, Hotels and Casinos
  • Beer & Wine Lic. Included
  • Keep Concept or bring yours into a High Traffic location

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

DISCLAIMER: 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 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.


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