This Bar and restaurant has been under the same ownership for many years and is well known in Tahoe. Featuring over 5,000 Sq Ft of total usable space. The Rent is less than 7% of sales, which are upwards of $1 million, making this one of the least expensive commercial rents in Lake Tahoe.
The Lease has many years left to run.
The building is free standing with high visibility signage situated right on a main Hwy.
There is a Type 47 full Liquor license which is an extremely valuable asset and is included with the sale.
Open seven days a week there is ample opportunity to expand the business with an enthusiastic operator.
SBA financing could be arranged for extremely qualified and experienced buyers.
There is nothing but upside and a great opportunity here .
This Sale is highly confidential and all inquiries must be made with the agent.
Only well qualified buyers with sound resources and years of experience will be considered.
A Paramount Restaurant Broker, Inc. Listing
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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