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Annual Profits of $200,000 - Ice Cream/Burger/Shakes Restaurant in Lake Tahoe with Large Patio
El Dorado County, California

Asking Price

$450,000

Office Listing #

2995
Revenue $60,000 / month Lease Rent 3800 Plus NNN
Cash Flow $16,667 / month Square Feet 1100 + 700 Patio
Direct Link www.restaurants-for-sale.com/27005

    

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. This is achieved through an extremely low food cost. The Tahoe lifestyle awaits with an income to match! Complete the ‘Non Disclosure Agreement’ and we will send you the name and address plus the financial information, photos & a full list of equipment. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

  

General Information

Organization Not Available
Year Established 1998
Current Owners 2014
Employees 8 Part-Time
Operating Hours 11am - 10pm Daily
Reason For Sale Other Interests
   

Facilities

Seating 25 + 50 Patio
Square Feet 1100 + 700 Patio
Parking Parking Lot + Street
Licenses Health, Business & ABC Type 41 Beer and Wine Licenses
   

Financials

Revenue $60,000 / month
Cash Flow $16,667 / month
Payroll $10,411 / month
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease 3800 Plus NNN  
Expiration New Lease Negotiable  
Yearly Adjustment Not Available  
Option New Lease Negotiable  
Deposit 3800  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Keith Simpson
Steve Zimmerman
Restaurant Realty Company
phone: 415-945-9701
fax: 415-945-9702

www.restaurantrealty.com

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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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