Lake Tahoe Restaurants For Sale
For Sale! Charming, Profitable & Well Appointed Lake Tahoe Asian Restaurant
We present this unique opportunity to own and operate Tahoe's best & most popular Asian Restaurants situated on the major thoroughfare. The interior of this business is beautifully decorated to a high standard. Take a look at the photos and you'll fall in love with the area and Tahoe's premier Asian Restaurants and Catering operation. You've got to see it!
LOCATION: Situated on the main Hwy, with scenic views of Heavenly Ski resort just 1/2 a mile from the Nevada Casino's and scheduled new Convention Center at the State line, South Lake Tahoe, California. This unique Business sits in a large Mall, enjoying a prime location on the main hwy, surrounded by a concentration of Tahoe's premier resorts and Timeshares.
There are in excess of 800 qualtiy resort bedrooms (that's around 2000 guests) within 3 minutes walking distance.
LEASE TERMS: The lease terms make this Asian restaurant a must opportunity & one of the best that you’ll find in this condition and market. Monthly rent, inc cam charges are only $3500 for 2000 total usable square feet. Folks!! THAT’S ONLY $1.75 per square foot.
Let’s be honest. Most landlord’s charge what feels like an arm and leg for rent in South Lake Tahoe. This restaurant’s Location and lease terms make it extremely profitable. The present owners gutted the restaurant 7 years ago and produced a real quality build out on the fixtures and fittings.
HISTORY: Buy the existing Restaurant's long standing reputation, concept, recipes, lease terms, furniture, fixtures, equipment, and Beer and Wine License OR bring Your Own concept and take advantage of the Long lease terms, furniture, fixtures, equipment.
FINANCIAL PERFORMANCE: The seller has shared that the monthly sales are quite seasonal and the Seller will gladly discuss the monthly sales averages and expenses with serious buyers.
The Seller has stated that the business is extremely strong and growing year on year even in this economy. This is a great indication that should continue with increased stability in the economy. This is a great locals & Tourists nightspot and has an intimate ambiance.
HOUR OF OPERATION: Presently open daily from 9.00am to 9.00pm. Breakfast, Lunch and Dinner.
REASON FOR SELLING: The Seller has family living in the Bay area and they wish to spend more time with their children, relocate and open a similar operation in the Bay area.
TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client and sign the online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.
Lease
Financials
Operations
Facilities
Highlights
- Highly successful Lake Tahoe area Asian Restaurant
- Business Sales increasing Year on Year
- Turn Key & nicely appointed
- Great Locals reputation
- 800+ Resort bedrooms within walking distance
- Great Location on a major Hwy
- Large Car Lot
- Outdoor Summer Dining
- Fully Equipped & Decorated
- ADA Certified Bathroom
Financing
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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Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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.