Selling Restaurants is proud to present this great family run restaurant and catering business. This restaurant is in an absolute 1st class, turn key condition and at this price won't be on the market for long.
This restaurant is growing 20% year on year and is succeeding above its competition due to the broad experience of the Owners and a high reputation in town. Situated on a main road, this business is very capable of achieving $1million +. The building is only 7 years old and comes with a 2 yr remaining plus 2 further 5 yr Lease options for a total 12 yrs. The present owners have created a superb reputation in the area and run a profitable and highly respected restaurant and catering business.
No further investment is required and makes for an INSTANT turn key opportunity. Presently the owners operate the restaurant from 11.00am to 9.00pm each evening, so there is plenty of scope to increase the sales, capturing the night life.
With the location and curb appeal of the building and the reputation and atmosphere of the restaurant, plus an on site catering venue and superb word-of-mouth events marketing, this opportunity has huge potential for growth.
The building itself is in great condition and has plenty of curb appeal. 3,300 square-foot on two floors inside with a further 800 square-foot lawn patio outside. Inside, the dining room seats 50 with a large banquet room on the 2nd floor seating 100+ with it's own bar and further seating for 50 outside. There is also ample preparation area and storage space and a walk in refrigerator outside. The owners have priced this to sell quickly at $275,000. The base rent is also very competitive considering it's location at only $6000 per month ($1.60 per sq ft). The kitchen is fully equipped and efficient. The tables, chairs and decorations all come with this fully equipped and ready-to-go restaurant.
DON'T MISS OUT this opportunity has huge potential for growth.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lake Tahoe Restaurants For Sale
Expires 2013 + 2x 5yr option
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Lunch 11.am - 5pm
Dinner 5.pm - 9pm
- A Life Style change in the Mountains
- Get away from City life and be your own boss
- Full Financials available to qualified Buyers
- Almost new equipment
- 2011 bookings 20%+ on 2010
- Great Location on major Hwy
- High build quality of Bar, Kitchen, Restaurant and Banquet room
- Very high reputation in town
- Appointed to an extremely high standard
- Premier Caterer in the area
- High visibility and good signage
- Building only 7 yrs old
Will Seller Lend To Buyer:
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