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Ice Cream, Burger & Shakes Restaurant
Location: United States -> California -> Northern California - All Northern California -> El Dorado Hills
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Annual Profits Of $200,000 - Ice Cream/burger/shakes Restaurant In Lake Tahoe With Large Patio

RRC#: 2995
Asking Price: $450,000
Location: Lake Tahoe, El Dorado County, California
Yearly Revenue: $720,000
Yearly Cash Flow: $200,004
Monthly Rent: 3800 Plus NNN

LISTING DESCRIPTION:
Pre-Approved for SBA financing. Therefore a well qualified, experienced buyer with good credit will only have to put down 25%, around $113,000. Simple to operate fast food business in Lake Tahoe right on the main Lake Tahoe Blvd and with an easy menu and efficient fast food kitchen which has been fully remodeled and modernized in 2016/2017. All the furniture, fixtures & fittings are virtually brand new making this business truly ''Turn Key.'' An ABC Beer and Wine license is also included. Equipped with a new 10ft Type 1 hood and fire suppression system, two large flat-tops, double deep fryer and oven with ample refrigeration including a brand new walk-in freezer. Multiple refrigerated worktops, upright fridges, two new Taylor ice cream machines ($10,000 each). Two walk-up windows for ''To Go'' orders and a modern POS system for quick service. All Booth seating in the dining room seating 25 is complimented with a newly built patio seating a further 50 with Fire Pits and plumbed-in outside Gas Heaters. The bathroom is also all ADA certified. This is an extremely well managed and efficient business with 1,100 square feet indoors and 700 square feet of outdoor patio. A real gem with tremendous curb appeal right on the main Hwy with goodwill going back 30+ years. Annual sales of $644,000 and growing with incredible 30% profits of $200,000.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $600,000
Cash Flow:   $200,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Photos

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Ice Cream, Burger & Shakes Restaurant Photo 1 Ice Cream, Burger & Shakes Restaurant Photo 2 Ice Cream, Burger & Shakes Restaurant Photo 3




Print Listing Id: 700282917
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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