A Real Gem of a Bar, Restaurant & Catering in a Superb Location in Lake Tahoe

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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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

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