Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#1739
Lake Tahoe Restaurants For Sale

Lake Tahoe Restaurant For Sale

$375,000
Lake Tahoe Restaurant For Sale
This Listing is Expired
SellingRestaurants presents this fantastic opportunity to own and operate Lake Tahoe's premier Catering Company and Pizza restaurant including a busy take out Business. Situated within a mile from the scheduled new Convention Center at the State line of Nevada and the many Casinos in South Lake Tahoe, this restaurant & Catering business sits in a mall building right on the main Highway. There is 1,600 Sq Ft inside accommodating approx 30 seats with ample parking on an approx 2.00-acre lot. Many upgrades have been completed recently and the many wedding receptions and private parties Catered are witness to Tahoe�s beauty which has become a premier area for Wedding Receptions. An El Dorado county, type 41 Beer and Wine license is presently in situ and the Restaurant and Pizza delivery is open for Lunch and Dinner which is typically a high profit business. The Catering side of this opportunity is limitless as the Baby Boomer's children (Echo Boomer's) get married for the next 15 years in Lake Tahoe. Therefore there is huge scope to increase this business especially in this popular Californian Tourist location.

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 Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Lake Tahoe Restaurants For Sale
Lease Term:
Expires 2009 + 2 x 5 yr options
Total Monthly Rent:
$2,350
Security Deposit:
$2,350

Financials

Last Year's Annual Gross:
$1,058,799
Last Year's Owner's Cash Flow:
$42,015
Last Year's Food Cost %:
35
Last Year's Payroll Cost %:
41
Last Year's Rent %:
2.5

Operations

Liquor License:
41
# of Full-Time Employees:
15
# of Part-Time Employees:
6
# of Family Employees:
1
Hours Open:
11am - 9pm Daily
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
# of Parking Spots:
40
Inside Sq. Ft.:
1,600

Highlights

  • Great Opportunity to own Large Catering Company
  • Great Opportunity to own Large Pizza Company
  • Modern Kitchen Facility and Preperation area
  • 7 years of Good will and reputation
  • Catering part is hugely Profitable
  • Wedding Catering business is on the rise
  • Centrally Located
  • High visability from highway
  • Huge Growth potential
  • Hours of operation limitless
  • This type of purchase only available every 7 years
  • DONT DELAY & MISS THIS OPPORTUNITY

Financing

Will SBA Finance:
Yes
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.


Terms Of Use     © 2024