Premier Restaurant With Real Estate In Lake Tahoe

Listing ID: 700362817

Listing Title: Premier Restaurant With Real Estate In Lake Tahoe

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Northern California - All Northern California

City: Lake Tahoe

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $750,000

Cash Flow: $70,000

Cash Flow Type: EBITDA

Year Established: 1987

Number of Employees: 10 - 19

Business Description:
Premier Restaurant with Real Estate Located in Lake Tahoe with Pre-Approved SBA Loan RRC#: 3974 Asking Price: $1,850,000 Location: Lake Tahoe Annual Revenue: $750,000 Annual Cash Flow: $70,000 Monthly Rent: Real Estate Included Listing Description: This Restaurant is one of South Shore's most highly recommended and best-known eateries with 4.5 stars. ''The inside... wow... we took pictures for ideas for our own home! It's BEAUTIFUL! The service was impeccable and the food... wow... my favorite meal in Tahoe, hands down!'' In the present ownership since 2016 after a complete renovation transferred a rather ordinary space into this far more upscale, modern and truly authentic Tahoe special with a mountain chic vibe. Great fully equipped kitchen with 12ft Type 1 hood with fire suppression system and completed to an extremely high standard. The dining room is separated into cozy areas seating up to 80 and 8 barstools with an attractive rear patio for 40. Originally built in 1987, there are 2 parcels included with the sale. 2,336 sq ft Real Estate restaurant building plus the addition of a vacant parcel measuring 1,189 sq ft, totaling 1.17 acres. Purchasing the Real Estate is the smart business decision which allows the owner complete control while enjoying the annual increases in RE and the profitability of the business to enjoy all that Tahoe has to offer with skiing in the winter and all outdoor activities Lake Tahoe excels in during the summer months. 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 & 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. Gene

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