Lake Tahoe Restaurants For Sale
Price Reduced! Tahoe City, Beautiful North Lake Tahoe Restaurant
We present this unique opportunity to own and operate one of North Lake Tahoe's nicest Restaurants situated on a major thoroughfare. The interior of this business is all wood and stone finish with an easy to maintain slate floor and shows beautifully. Take a look at the photos and you'll fall in love with one of Tahoe's premier Restaurants. You've got to see it!
LOCATION: Situated on the main Hwy, with views of Lake Tahoe, California. This unique Business sits in a free standing building with ample parking off the main highway.
CATERING: This could be a huge missed opportunity and could easily be attractive to a Caterer of note. With central oveheads covered in the Restaurant, your Catering operation would be far more profitable and this kitchen can cope with multiple events going on without effecting the dining room service
LEASE TERMS: The lease terms make this restaurant and bar opportunity one of the best you’ll find in this condition and market. Base monthly rent is $7000 for 3,600 total usable square feet. Folks!! THAT’S ONLY $1.90 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 building is extremely attractive from the outside and once inside you have panoramic views of the Lake through the glass fronted building.
Outside Patio seating for 50, right along the front and again with views of Lake Tahoe make this the perfect spot for "Al Fresco" dining in the early summer evenings.
HISTORY: Buy the existing Restaurant 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, even in this economy. Perfect for the ski season or lazy summer days after lounging on the beach. This is a great indication that it should continue with increased stability in the economy. The opportunty to grow the business in catered events should not be missed
HOUR OF OPERATION: Presently open daily from 11.00am to 9.00pm. There is plenty of scope to increase business by opening later and increasing the endless possible Catering business, especially in this Tourist location.
REASON FOR SELLING: The Seller has a new family addition and they wish to spend more time with their children.
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. Listing
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
5.00pm - 9.00pm Daily
Facilities
Highlights
- A Rare North Lake Tahoe Restaurant opportunity
- Beautifully appointed
- Complete panoramic views of the Lake
- Situated on the main highway
- Free Standing Anchor building
- Extra large kitchen and storage space
- Totally Turn Key
- A Caterers Dream
- Multiple events could be Catered
- Huge Car lot
- A sharp operator would grow this baby beyond the $1 million mark
- Got to be seen!
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 0 | 74 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 1,500 | 2,088 |
| 2010 Persons Per Household | 2.10 | 2.13 |
| Median House Value | $577,700 | $628,080 |
| Income Per Household | $66,628 | $62,602 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 352 | 451 |
| 2012 Number Of Employees | 3,988 | 12,948 |
| 2012 Total Annual Payroll | $74,629,000 | $145,942,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.