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Listing ID: 2682373

Ice Cream / Burger / Shakes Restaurant In Lake Tahoe With Large Patio And Annual Profits Of $200,000 For Sale

Lake Tahoe, El Dorado, California, United States

$ 450,000

Revenue: $ 600,000

Cash Flow: $ 200,000

Business Description

Ice Cream/burger/shakes Restaurant In Lake Tahoe With Large Patio And Annual Profits Of $200,000.

RRC#: 2774
Asking Price: $450,000
Location: Lake Tahoe, El Dorado County, California
Yearly Revenue: $720,000
Yearly Cash Flow: $200,000
Monthly Rent: 3800 Inclusive

LISTING DESCRIPTION:
Simple to operate fast food business in Lake Tahoe right on therein 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 brand new and this business is truly ''Turn Key'' and there is a Beer and Wine license included. Pre-approved for a 75% SBA Loan, therefore a well qualified, experienced buyer with good credit will only have to put down around $113,000. 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 $720,000 and growing with incredible profits of $200,000. 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 Owner: 2014 | Employees: 8 Part-Time | Seating: 25 + 50 Patio | Square Footage: 1100 + 700 Patio | Parking: Parking Lot + Street | Licenses Required: Health, Business & ABC Type 41 Beer and Wine Licenses | Days Open/Hours: 11am - 10pm Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $720,000 | Yearly Cash Flow: $200,000 | Payroll: $10411 |

LEASE INFORMATION:
Monthly Rent: 3800 Inclusive | Lease Expiration: New Lease Negotiable | Lease Option: New Lease Negotiable | Security Deposit: 3800 |

Property Details

Property Type:

Lease

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