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#2333
Lake Tahoe

Huge Price Reduction! Turn Key Tahoe Cafe and Grill

$35,000
Sold
Huge Price Reduction! Turn Key Tahoe Cafe and Grill
This Listing is Sold
A unique opportunity to own and operate a new Tahoe Grill and Cafe. The price has been reduced to sell TODAY. The Seller is also the Landlord. This restaurant is in a free standing building, built originally in 2006 it features 1,300 Sq Ft inside accommodating approx 30 seats with a large 1,500 sq ft outside Deck and Patio garden area seating another 50.

There is ample parking on an approx 0.50-acre lot. On 2 floors with ample storage, office and a small private dining room, which could also be living space if so desired. With a Beer and Wine license, this establishment sits on the main Hwy 50 with superb curb appeal. The show Kitchen sits proudly at the rear of the dining room allowing service to be viewed.

This opportunity would suit a Chef looking for his first own venture or a couple wanting a change of pace from the city and enjoying the benefits of ownership while living in the mountains. The building stands alone and makes the perfect setting for a sit-down full service dinner or a casual drink in the garden glancing at views of the Tahoe Mountains.

Presently the Restaurant is only open for Lunch & early Dinner, so there is huge scope to increase business by opening for Breakfast & late Dinner especially in this Tourist location.Opening for breakfast alone should increase business by 40%.

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. This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Lake Tahoe
Lease Term:
New Lease available
Total Monthly Rent:
$2,400
Security Deposit:
$2,400

Financials

Last Year's Annual Gross:
$281,818
Last Year's Owner's Cash Flow:
$21,417
Last Year's Food Cost %:
38
Last Year's Payroll Cost %:
32
Last Year's Rent %:
7

Operations

Liquor License:
41
# of Part-Time Employees:
7
# of Family Employees:
1
Hours Open:
7 Days a week
11.00am - 9.00pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
Outdoor Seating:
50
# of Parking Spots:
20
Inside Sq. Ft.:
1300
Outside Sq. Ft.:
1500

Highlights

  • Get away from the city, enjoy mountain life
  • New Lease
  • Kitchen has full Hood and plenty of space
  • Brand New free standing Building
  • Fully fitted and Turn key
  • Great outdoor dining
  • On Main Hwy highly visible
  • ADA compliant
  • Attractively laid out with scope to add seating
  • Decorated to a very high standard
  • Great first time Buyer opportunity
  • Well established with great reputation

Financing

Will SBA Finance:
Yes
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

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Disclaimer

Notice: 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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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.


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