$3.9 Million Lake Tahoe Investment: 15,246 sq ft parcel with 6,950 sq ft of Bar, Restaurant & Brewery with a Rented Unit
RRC# 4787
Location: Lake Tahoe
Description:
Price reduced to $3.9 million. Amazing potential to own the land, property, bar & restaurant currently generating $1.4 million in sales revenues with 5,830 sq ft of usable space. In addition, there is 1,124 sq ft of office/storage plus a 1,150 sq ft prior rented commercial unit, bringing in an annual rental income of $48,000. There is so much growth potential. total parcel is 15,246 sq ft, with 8,100 of buildings; the remainder of the land is a parking lot. The Lake and Beach are only 100 yards away, making this property a restaurant owner/investor’s dream. SBA finance is available and approved for a long-term 25-year loan, Also, the Seller is willing to finance a large portion of the purchase to well-qualified, experienced Buyers with sound financial history.
Completely renovated just 15 months ago to an extremely high standard, which includes a Smart Brew System 7 Barrel and a Smart Brew Room and a fully equipped kitchen with a large type 1 kitchen hood, walk-in cooler and freezer, plus stoves, fryers, broilers, flattops, convection ovens and all stainless-steel counter worktops. Seating for 155 with high tops and regular seating indoors, barstools for 20 and additional patio seating for 49. An ABC Type 75 license is included, which allows for the sale of hard liquor as well as beer & wine.
An entrepreneur restaurateur with a solid background wanting their own place or an investor with a manager and chef ready to kick this wonderful opportunity into full gear would be ideal.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information & a comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $116,600
Monthly Cash Flow: $12,500
Annual Revenue: $1400000
Annual Cash Flow: $150,000
General Info:
Ownership: LLC
Established: 2016
Employees:30
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 6,950
Seating: 175 + Patio
Parking: Ample
Licenses: Health, ABC Type 75 & Business licenses
Days/Hours of Operation: 12pm - 10pm Daily
