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$149,000 For-profitable Bar & Restaurant

South Lake Tahoe, California : Restaurants
Listing #2808

$149,000 For-profitable Bar & Restaurant On Major Road With Beer & Wine & Full Modern Kitchen RRC#: 2808 Asking Price: $149,000 Location: South Lake Tahoe, El Dorado County, California Yearly Revenue: $499,200 Yearly Cash Flow: $98,004 Monthly Rent: 4000 inc NNN LISTING DESCRIPTION: Price Reduction to $149,000 for this profitable, well maintained modern 2,150 square feet bar and restaurant with extremely low monthly rent. This is a superb location using state of the art technology with online ordering, catering events booking online, a ''Toast'' POS system and Inventory management system. This opportunity would suit a chef & partner team working both the kitchen and front of house and the owner is willing to carry a portion of the purchase to well qualified Buyer''s with experience and good credit. Fully loaded kitchen with a 12'' hood complete with fire suppression system, 4 burner stove with oven, 2 large smokers, deep fryer, broiler, flattop, large walk- in cooler, refrigerated worktop, ample s/s additional worktops and Hoshizaki ice maker. The whole bar and dining room has a modern, industrial atmosphere with 12 barstools plus 2 ADA seats with additional high bar tables and chairs, while the spacious dining room has hardwood tables and chairs placed on a solid concrete floor for ease of maintenance. The outdoor patio has a "Pek -a -Boo" view of the Lake with ample seating for 40 plus an additional side patio seating a further 25. The monthly rent is $4,000 inclusive of NNN, which is very low for this busy main Hwy location. Check out this Lake Tahoe bar and restaurant and enjoy a lifestyle in the mountains. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We’ll also send you the Broker''s contact information so you can discuss this opportunity in more detail. GENERAL INFORMATION: Organization: Sole Proprietorship | Year Established: 1980 | Current Owner: 2015 | Employees: 6 | Seating: 80 Indoors + 40 Patio + 25 Patio | Square Footage: 2150 | Parking: Street | Licenses Required: Health, ABC Type 41 Beer & Wine Licenses | Days Open/Hours: 11.30am - 9pm Daily | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $499,200 | Yearly Cash Flow: $98,004 | LEASE INFORMATION: Monthly Rent: 4000 inc NNN | Lease Expiration: July 2020 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: 4000 |

Asking Price:

$149,000

Gross Income:

$499,200

(last 12 months)
Cash Flow:

$98,004

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

$149,000 For-profitable Bar & Restaurant On Major Road With Beer & Wine & Full Modern Kitchen

RRC#: 2808
Asking Price: $149,000
Location: South Lake Tahoe, El Dorado County, California
Yearly Revenue: $499,200
Yearly Cash Flow: $98,004
Monthly Rent: 4000 inc NNN

LISTING DESCRIPTION:
Price Reduction to $149,000 for this profitable, well maintained modern 2,150 square feet bar and restaurant with extremely low monthly rent. This is a superb location using state of the art technology with online ordering, catering events booking online, a ''Toast'' POS system and Inventory management system. This opportunity would suit a chef & partner team working both the kitchen and front of house and the owner is willing to carry a portion of the purchase to well qualified Buyer''s with experience and good credit. Fully loaded kitchen with a 12'' hood complete with fire suppression system, 4 burner stove with oven, 2 large smokers, deep fryer, broiler, flattop, large walk- in cooler, refrigerated worktop, ample s/s additional worktops and Hoshizaki ice maker. The whole bar and dining room has a modern, industrial atmosphere with 12 barstools plus 2 ADA seats with additional high bar tables and chairs, while the spacious dining room has hardwood tables and chairs placed on a solid concrete floor for ease of maintenance. The outdoor patio has a "Pek -a -Boo" view of the Lake with ample seating for 40 plus an additional side patio seating a further 25. The monthly rent is $4,000 inclusive of NNN, which is very low for this busy main Hwy location. Check out this Lake Tahoe bar and restaurant and enjoy a lifestyle in the mountains. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We’ll also send you the Broker''s contact information so you can discuss this opportunity in more detail.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 1980 | Current Owner: 2015 | Employees: 6 | Seating: 80 Indoors + 40 Patio + 25 Patio | Square Footage: 2150 | Parking: Street | Licenses Required: Health, ABC Type 41 Beer & Wine Licenses | Days Open/Hours: 11.30am - 9pm Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $499,200 | Yearly Cash Flow: $98,004 |

LEASE INFORMATION:
Monthly Rent: 4000 inc NNN | Lease Expiration: July 2020 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: 4000 |


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