Reno Restaurants For Sale
Lake Tahoe Restaurants For Sale
Lake Tahoe Restaurants For Sale
Money Maker! Restaurant & Bar! SBA Loan Available For Right Buyer!
Here’s a Incredible Opportunity in a Historic “Nevada” city close to the World Renown Recreational activities of Lake Tahoe. Your customers are Locals and Visitors to Lake Tahoe. You also get the a good local business patronage as well.
Nevada is pro business and not full of Regulations, so you make more money with less headaches compared to the California side…Beauty without the beast!
An enticing local English Style Pub with something for everyone.
Prime Main Street location with incredible signage and Street Visibility!
Currently the city is spending over a Million dollars renovating the main street and and adjacent side street converting it into town Central event center plaza. Plans include a huge stage and outdoor Plaza Patio with new sidewalks, water features surrounding the restaurant...this should be huge in attracting customers to the area as the new Patio and Stage is directly adjacent to the restaurant on the side street now being converted into this venue. The restaurant and immediate businesses next to the plaza has direct use of the plaza and use of the stage for their own entertainment! This is all at the cities expense and should complete this July or August 2016!
Sales and value should go up accordingly!
Nestled in a Historic Victorian Era Hotel. The Restaurant & Bars make up the entire lower floor. Really nice outdoor patio with huge fire pit!
Seller spent in Hundreds of Thousands of dollars in Major renovations & FFE that most historic building just don’t offer, due to a un-cooperative landlord or an undercapitalized business owner who didn't have the cash to do it right. Well, this place was done right and setup to last!
Nearly New Floors 3/4" cherry, Bars, fixed Glass, Signage, Furniture, Fixtures & Equipment…too much to list...you have to see it! Not just cosmetically either...down to the infrastructure too. Go to SellingRestaurants.com to get the name and location.
Menu: Traditional Pub fare with appetizers, salads, pasta, sandwiches, burgers, pizza and some pub pleasing entrees.
Two Full Bars - Two separate Bars…One in the dining and another with a separate entrance for a drinks only crowd. High End Beer Tap system! Large Game room. Huge Patio with incredible gas fire pit…Office, lots of storage and a liquor room.
Kitchen: Full Hood system, pizza oven, Prep, 4 walk ins, grills, POS system, Security system, Sound, High End Keg Beer system…it's all there
Lease: Base rent $7,500 plus $542 nnn for 6,000 sq. Ft. that roughly 7.7% rent factor!
Sales: 2015 sales were just over $1.4 million.
Adjusted net for 2015 $248,205
.Reason for selling: The Seller does not work much in the business itself and has a good staff in place...in addition to that the seller is Moving out of the country with another family business and that is the reason fore selling. That speaks to the sellers confidence in the business to move out of the country and continue the operation.
For more detailed information buyer will need to show proof of ability to purchase.
Please do not approach employees with any questions.
The Seller will consider All Serious offers!
Go to SellingRestaurants.com to get the name and location of this business.
Restaurant Broker Scott Beaton DRE License #01853968
Lease
Lake Tahoe Restaurants For Sale
Lake Tahoe Restaurants For Sale
Financials
Operations
11am to close Fri./Sat.
Facilities
Highlights
- Over 1 mil. in TI 's & FFE
- Main Street Location
- Huge Patio & Gas Fire Pit
- Lots of Events held there
- Can't Miss Signage
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 24,750 |
| Households | 5-mi |
| 2010 Number Of Households | 9,694 |
| 2010 Persons Per Household | 2.50 |
| Median House Value | $186,200 |
| Income Per Household | $50,752 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 882 |
| 2012 Number Of Employees | 18,778 |
| 2012 Total Annual Payroll | $318,172,000 |
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.