Downtown Lotus
Business Description
1200 sq foot historic building in the Coloma/Lotus Valley. We are surrounded by multiple county and State parks on the South Fork American river. Built in 1855 as a general store and turned into a restaurant in the 1950's. Remodeled 2018 into the Lotus Pub. Large open dining room with vaulted ceilings and 3 large 1850s Doors opening to the outside. Dining room capacity is 45,9 at the bar and 36 at tables with booths. Outdoor patio with seating capacity of 46. Decent size kitchen with walk-in refrigerator. Large parking lot able to accommodate a full house. Beautiful building. Currently open 4 days a week at night. Lots of potential for growth with more nights or more hours. Would also be great for breakfast/lunch.
About the Business
- Years in Operation
- 7
- Employees
- 1
- Currently Home Based
- Yes
- Facilities & Assets
- Restaurant was fully remodeled in 2004 with new kitchen, (hood, fire suppression, plumbing, and electrical). Has been operating and up to code since then. Dining room was remodeled in 2018 with the addition of booths and a bar.
- Market Outlook / Competition
- The market in the area is good. Breakfast, lunch, or dinner are all in demand. There are limited options for commercial space in Lotus with plenty of demand for more dining options. Any new restaurant in Lotus should strengthen the market for all the businesses in the valley. There is not much competition due to the lack of restaurant spaces available.
- Opportunities for Growth
- Possibilities for growth are open as far as someone would like to take them. We are currently open 4 days a week for three hours, this is out of choice not for lack of demand.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $4,000.00 per month
- Lease Expiration
- 11/1/2029
About the Sale
- Seller Motivation
- Ready to let someone else enjoy having a business here.
- Transition Support
- 2 weeks of training in-house at 20 hours per week. Open to any additional communication that could be of service to the new owner.
- Financing Options
- All financials provided upon request to serious candidates,
Listing Info
- ID
- 2286171
- Listing Views
- 1400
Business Location
Listing ID: 2286171 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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