Restaurant With Real Estate
Location:
United States
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California
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Northern California - All Northern California
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Lake Tahoe
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Cafe & Grill for sale with real estate and Beer / Wine License in the South Lake Tahoe area. Please don't discuss the sale with employees or customers, but this restaurant has a great following, a unique location with highway frontage, westbound traffic, very little competition, and an excellent menu that keeps locals and tourists coming back.
The entire interior was recently remodeled with tile flooring, granite countertops, and mountain-style furniture, the roof is only a few years old, and the stairways and decking were professionally engineered and installed. The restaurant equipment is also new and in very good condition, so all it needs now is a good operator.
Impressive sales in 2007 with lots of room for growth:
* Upstairs being used as an office, but would be perfect for a cafe/coffee/bagel/yogurt/smoothie shop, etc.
* Owners have not had time to pursue delivery, catering, or special events, and have advertised very minimally.
* The food on the menu is organic, inexpensive and brings repeat customers ~ keep the concept or bring your own!
Menu, financial statements, equipment list, and location may be provided upon request with a signed Confidentiality Agreement. Contact for more information on this Restaurant for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$400,000
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2005
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner will train for a resonable time after close of escrow.
Reason For Selling: Family.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70085852
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