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#4108
Lake Tahoe

$14,500 and pay the closing cost gets you restaurant in Tahoe !

$14,500
Sold
$14,500  and pay the closing cost gets you restaurant in Tahoe !
This Listing is Sold

Beautiful turnkey restaurant for sale, in South Lake Tahoe, CA.

Asset sale Price @ $14,500 plus closing costs.....!

Nice neighborhood with customers in walking distance of restaurant. There is also Cal-Trans and CHP offices nearby to tap into employee base and of course all the traffic from Hwy 50!

Freestanding building with Nice outdoor Patio and Landscaping. Lots of indoor and outdoor seating with amazing mountain view. Right on highway 50, in Meyers, just 5 minutes from the Y. Lots of local and incoming traffic.

Interior and Kitchen are Super Clean and this is a turnkey restaurant…Many extras: waterfall outside, new paint, Ford F250 with plow, charcoal BBQ grill, lots of parking, 2 large TV's and plenty of storage. The is a second story restaurant spce for storage or addl seating....restaurant recently closed, but ready to go!

Ample parking and Superb High Visibility!

Seats 29 indoor with lots of Outdoor Patio seating too!

Menu:   Ready for your fresh new concept.

Kitchen: Hood system, Wells gas grill, American range, charcoal grill, fryer, TVs,  POS system, Ford plow truck…it's all there….

Lease:  Base rent $2,244 plus property taxes

1,485 sqf.  Plus large outdoor patio with fountain and new stone work!

Reason for selling: The Sellers are moving out of state.

Make an offer quick this will be gone fast!

The Seller will consider All Serious offers!

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

Lease

Region:
Lake Tahoe
Lease Term:
Expires Oct. 1st, 2017 + 4 year option
Total Monthly Rent:
$2,519
Security Deposit:
$2,244

Operations

# of Part-Time Employees:
3
Hours Open:
closed
12-7
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
28
Outdoor Seating:
20
# of Parking Spots:
8+
Inside Sq. Ft.:
1485
Outside Sq. Ft.:
400+

Highlights

  • Highway 50 Frontage
  • Clean Kitchen
  • New Stone on Patio
  • Turn Key
  • South Lake Tahoe Minutes to All the Action

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

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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