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Lake Tahoe Ice Cream/Burger/Shakes Restaurant with Large Patio with Annual Profits of $162,000
El Dorado County, California

Asking Price

$385,000

Office Listing #

2774
Revenue $50,000 / month Lease Rent 3800 Inclusive
Cash Flow $13,522 / month Square Feet 1100 + 700 Patio
Direct Link www.restaurants-for-sale.com/27005

    

Pre-approved for a 75% SBA Loan, therefore a new owner may only have to finance around $80,000 for this newly remodeled Ice Cream/Burger/Shakes Restaurant with a beer and wine license located in Lake Tahoe. Simple to operate fast food business with an easy menu and an efficient fast food kitchen which was all modernized in 2015/2016. Equipped with a Type 1 hood and fire suppression system, two 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 restaurant 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 $600,000 and growing with incredible profits of $162,000. The Tahoe lifestyle awaits with an income to match! To receive full details of this business opportunity please complete the ‘Confidential Agreement’ request and we’ll send you the lease, photo’s, list of equipment & financial information. We will also send you the agent’s contact information so you can discuss in further 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 $50,000 / month
Cash Flow $13,522 / month
Payroll $10,411 / month
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease 3800 Inclusive  
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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