$3.30 Million Lake Tahoe Real Estate Investment - 15,246 sq ft Parcel
Business Description
$3.30 Million Lake Tahoe Real Estate Investment - 15,246 sq ft Parcel with 6,950 sq ft of Bar, Restaurant & Brewery
RRC# 5044
Location: Lake Tahoe
Description:
Seller may carry a large part of the Sale to assist Buyer's purchase a huge piece of Tahoe Real Estate, amortized over many years. Priced at $3.30 million, this is a major Lake Tahoe Real Estate investment which includes a profitable bar/restaurant business and extra rental property. The potential to own the land, property, bar & restaurant currently generating around $1.5 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. Total parcel is 15,246 sq ft, with 8,100 sq ft of bricks and mortar with the remainder of the land for parking. The Lake and Beach are only 100 yards away making this property a restaurant owner/investor’s best scenario. SBA finance is available, approved for a long term 25-year loan, Also, the Seller may be willing to finance a large portion of the purchase to well qualified, experienced Buyers with sound financial history.
Completely renovated just 2 years ago to an extremely high standard which includes a Smart Beer Brew System with a 7 Barrel Smart Brew Room and a fully equipped kitchen with a large type 1 kitchen hood, walk in cooler and freezer plus stoves, fryers, broiler, flattop and 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 50. An ABC Type 75 license is included which allows for the sale of hard liquor as well as beer & wine.
An entrepreneurial restaurateur with a solid background yearning for their own place or an investor with an experienced restaurant 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. No Broker Coop.
Financial Information:
Monthly Revenue: $116,600
Monthly Cash Flow: $12,500
Annual Revenue: $1,400,000
Annual Cash Flow: $150,000
General Info:
Ownership: LLC
Established: 2022
Employees:30
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 6,950 + 15,246 sq ft parcel
Seating: 175 + Patio
Parking: Ample
Licenses:Health, ABC Type 75 & Business licenses
Days/Hours of Operation: 12pm - 10pm Daily
RRC# 5044
Location: Lake Tahoe
Description:
Seller may carry a large part of the Sale to assist Buyer's purchase a huge piece of Tahoe Real Estate, amortized over many years. Priced at $3.30 million, this is a major Lake Tahoe Real Estate investment which includes a profitable bar/restaurant business and extra rental property. The potential to own the land, property, bar & restaurant currently generating around $1.5 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. Total parcel is 15,246 sq ft, with 8,100 sq ft of bricks and mortar with the remainder of the land for parking. The Lake and Beach are only 100 yards away making this property a restaurant owner/investor’s best scenario. SBA finance is available, approved for a long term 25-year loan, Also, the Seller may be willing to finance a large portion of the purchase to well qualified, experienced Buyers with sound financial history.
Completely renovated just 2 years ago to an extremely high standard which includes a Smart Beer Brew System with a 7 Barrel Smart Brew Room and a fully equipped kitchen with a large type 1 kitchen hood, walk in cooler and freezer plus stoves, fryers, broiler, flattop and 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 50. An ABC Type 75 license is included which allows for the sale of hard liquor as well as beer & wine.
An entrepreneurial restaurateur with a solid background yearning for their own place or an investor with an experienced restaurant 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. No Broker Coop.
Financial Information:
Monthly Revenue: $116,600
Monthly Cash Flow: $12,500
Annual Revenue: $1,400,000
Annual Cash Flow: $150,000
General Info:
Ownership: LLC
Established: 2022
Employees:30
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 6,950 + 15,246 sq ft parcel
Seating: 175 + Patio
Parking: Ample
Licenses:Health, ABC Type 75 & Business licenses
Days/Hours of Operation: 12pm - 10pm Daily
About the Business
- Years in Operation
- 3
- Number of Employees
- 30
- Facilities & Assets
- Square Feet: 6,950 + 15,246 sq ft parcel
Seating: 175 + Patio
Parking: Ample - Website
- https://www.restaurantrealty.com/listings/5044/
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 6,950
About the Sale
- Seller Motivation
- Other Interests
Listing Info
- ID
- 2381126
- Listing Views
- 441
Listing ID: 2381126 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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