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#3462
Lake Tahoe Restaurants For Sale

Superb, Highly Profitable Lake View, Lake Tahoe Restaurant

$250,000
Superb, Highly Profitable Lake View, Lake Tahoe Restaurant
This Listing is Expired

We present this unique opportunity to own and operate one of Tahoe's most beautiful and popular Restaurants situated with a view that will take your breath away. The Restaurant is easy to maintain and shows beautifully. No photos available as confidentiality is paramount but you'll fall in love with one of Tahoe's premier Restaurants and Catering operations.

This is a highly confidential listing and only the highest qualified Buyers will be told the Location. You've got to see it!

Contact Keith Simpson (Agent) for the Location.

LOCATION: Call Keith Simpson (Agent) to find out more about this South Lake Tahoe, Only Highly Qualified Need Inquire! California restaurant operation. This unique Business sits in a free standing building.

CATERING: No other Caterer in town has the reputation and quality. Catering alone grew $75k in 2011.

LEASE TERMS: The lease terms make this restaurant and bar opportunity one of the best you’ll find in this condition and market. Base monthly rent is Confidential but you will not believe it.
Let’s be honest. Most landlord’s charge what feels like an arm and leg for rent in South Lake Tahoe. This restaurant’s Location and lease terms make it the best opportunity out there right now and extremely profitable.

HISTORY: Buy the existing Restaurant and Caterings' 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 Long lease terms, furniture, fixtures, equipment and an unbelievable rent.

FINANCIAL PERFORMANCE: The seller has shared that the monthly sales are seasonal and the Seller will gladly discuss the monthly sales averages and expenses with serious buyers.

The Seller has stated that the business is extremely strong and growing at 30% this year, even in this economy. This is a great indication that this growth should continue with increased stability in the economy. The many wedding receptions and private parties in Lake Tahoe are captivated utilizing the beautiful view with seating for 120+ guests. This is a great locals & Tourists Day and Nightspot and has an intimate ambiance.

HOUR OF OPERATION: Presently open daily from 11.00am to 9.00pm. There is plenty of scope to increase business by opening for Breakfast and increasing the endless possible Catering business, especially in this Fabulous location.

REASON FOR SELLING: The Seller is wishing to retire after 45 years in the Restaurants business.

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 530-545-2451 or via email, keith.simpson@selling restaurants.com, 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.

Sacramento Regional Manager Keith Simpson

Lease

Region:
Lake Tahoe Restaurants For Sale
Lease Term:
Expires February 2012 + 6 x 2 yr options
Total Monthly Rent:
$2,000

Operations

Liquor License:
41
# of Part-Time Employees:
30
Hours Open:
11.00am - 9.00pm Daily
Year Established:
1980
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
Outdoor Seating:
120
# of Parking Spots:
100+
Inside Sq. Ft.:
2,400
Outside Sq. Ft.:
2400

Highlights

  • A Restaurant with the best views of Lake Tahoe
  • Highly Profitable
  • Seller willing to act as your Bank and Carry 40% of the Price
  • Lowest Rent in the Area
  • Business is Highly Confidential
  • Beautiful Lake Tahoe
  • Opportunities in this condition are so rare to find
  • Lake Tahoes Premier Dining spot
  • The Best Location
  • Too many extra to list
  • Turn Key & nicely appointed
  • Only the most Qualified Buyers Wanted

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
40%

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

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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.


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