A unique opportunity to own and operate a Successful Sports Bar in Lake Tahoe. Priced to sell with full financials and valuable inventory which includes an El Dorado Hard Liquor License, which have sold recently in excess of $100,000. The Seller is also the Landlord and is including the Land and Buildings which will be a great investment. This Bar & Restaurant is a free standing building, built originally in 1939 as a Tahoe Landmark known to all residence and Tourists alike. Featuring 1,300 Sq Ft inside accommodating approx 50 seats with a large 3,000 sq ft outside Deck and Patio garden area which will seat in excess of 100.
Full Architect drawings and planning permit for a large extension to double the size of the existing building is included with the sale.
The owner is selling due an opportunity in the Gaming industry in the Far East. He has during the past three years remodeled and built up a steady clientele of locals and tourists. No web site has yet been designed and a new owner would benefit tremendously by establishing a quality site attracting Bay area and Sacramento customers.
There is ample parking on an 22,000 sq ft lot. On 2 floors with storage, office and outside buildings. With a valuable Type 47 Liquor License, this establishment sits on a main Hwy with Great curb appeal and high visibility. Small Kitchen, but with full hood and updated Ansel Fire suppression system which amply fulfills the needs of this busy Bar.
This opportunity would suit an experienced Bartender or Chef looking for his/her first own venture or a couple wanting a change of pace from the city and enjoying the benefits of ownership and investing in Tahoe Real Estate while living in the mountains. The building is stand alone and has such a curbside presence for casual drinking in the garden while glancing at views of the Tahoe Mountains.
This establishment is open daily for Lunch & Dinner and has many long term employees who run the day-to-day business allowing the owner to enjoy the Tahoe lifestyle.
The owner is willing to sell the business only by negotiation but the shrewd buyer should invest in the Real property for the long term.
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Sacramento Regional Manager Keith Simpson
Lease
Region:
Lake Tahoe Restaurants For Sale
Facilities
Lot Dimension:
90' x 240'
Highlights
- Profitable Sports Bar with Real Estate
- Tahoe Landmark
- Refurbished in 2007
- Including a Type 47 hard liquor license
- High standard of inventory fixtures included
- The perfect Gem to enjoy the Tahoe lifestyle
- A must view for the shrewd investor
- Turn Key ready for the busy tourist seasons
- Owner may be willing to assist with financing
- A unique opportunity, Bar with Real Estate
- Ample Parking
- High visibility, on the main road
Financing
Will Seller Lend To Buyer:
No
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 |
click for more demographic info
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.