Lake Tahoe Restaurants For Sale
PRICE REDUCED! GREAT VALUE! Full Service Pizza Restaurant in Lake Tahoe California
The price has been drastically reduced! Don't miss this great opportunity to own and operate one of Tahoe's great Pizza Restaurants on a major thoroughfare. This sale represents your opportunity to be your own Boss for a minimal investment and enjoy the Tahoe summer outdoor and winter skiing lifestyle. The interior of this business is turn key and shows well. Take a look at the photos and you'll see just how nice it is.
LOCATION: Situated on the main Hwy, in the center of South lake Tahoe, less than 2 miles from the Casino's and scheduled new Convention Center at the State line Nevada, South Lake Tahoe, California. This Pizza restaurant sits in a huge outdoor mall, near a school, major anchor stores and is highly visible
LEASE TERMS: The fantastic lease terms make this Pizza bar opportunity one of the best you’ll find in this market. Total monthly rent is only $3,100 for 1,700 total usable square feet. Folks!! THAT’S ONLY $1.80 per square foot. Not only is that amazing monthly rent, the lease terms get even better. The monthly rent is FIXED at this rate and increases ONLY by 3% or the consumer price index.
Let’s be honest. Most landlord’s charge what feels like an arm and leg for rent in South Lake Tahoe. This restaurant’s incredible lease terms make it Extremely possible to make a profit. Many upgrades were completed in 2010.
HISTORY: Buy the existing Pizza Restaurants 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 fantastic lease terms, furniture, fixtures, equipment.
The Seller has stated that the business was extremely strong in previous years prior to the downturn in the economy. This is a great indication this will repeat with increased stability in the economy. Now is the time to take the Leap into Business Ownership and enjoy the Lake Tahoe Lifestyle.
HOUR OF OPERATION: Presently the Restaurant is open for 11.30am to 10.00pm daily. There is huge scope to increase business with further delivery and Pizza party's, especially in this Tourist location.
REASON FOR SELLING: The Seller has many outside business interests and in 2010 was totally absentee and wishes to return to the East Coast.
This is a Paramount Restaurant Brokers, Inc., Listing. A California Corporation
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Friday & Saturday 11.30am to 11.00pm
Facilities
Highlights
- Huge Price Reduction to just $70k
- Well Known Pizza Restaurant, Take Out and Delivery
- Quality Establishment
- Huge Car lot next to major Anchor Stores
- Beer and Wine License included
- Turn Key Decor and Menus
- In Business for over 20 years
- Superb Reputation
- Growing Business
- Great Curb Appeal
- Situatated in the Center of Town
- Dont miss out on this easy to Operate Restaurant
Financing
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
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.