PROFITABLE, Mountain Tavern

Big Bear Lake, CA (San Bernardino County)

Seller Financing Available
Mountain Dining!
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Asking Price: $399,000

Cash Flow: $195,536

Gross Revenue: $1,381,515

EBITDA: N/A

FF&E: $235,000

Inventory: $15,000*

Rent: $12,390 /Month

Established: 2003

*not included in asking price.

PROFITABLE, Mountain Tavern

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Business Description

This restaurant has been a staple in Big Bear Lake Village for 15+ years, in a prime Village location a stone's throw from the Lake and less than 3 miles from Snow Summit and Bear Mountain.

The restaurant was renovated in 2003, which also expanded the space. You really must login and watch our video tour on this one, but highlights of the nostalgic mountain decor include vintage bars with historic fixtures, rustic wood walls, plush leather booths, toasty fireplaces and complimenting artwork.  The space offers several private dining rooms, an entertainment license, a full alcohol 47 licensed bar and a 58 caterer's permit.  The patio highlights the serene mountain atmosphere, and is equipped with another full 47 licensed bar, sun shades and heaters. The kitchen features everything you could ask for - again, you really need to take the video tour. All equipment is well maintained.

It's time for the owner to retire, and the chef is retiring at the end of the winter season.  It's high time to modernize the 15-year old menu to accommodate the 2 million+ visitors / year.  There is lots of room to grow this business.  Host monthly beer & wine dinners to increase cash flow!  Leverage the large production kitchen to expand your catering business. Put effort into marketing: the website needs a refresh and there is virtually no social media presence.  Step beyond the local mountain marketing and advertise to SoCal, AZ, and NV residents.  Network & sponsor the Big Bear community events throughout the year to generate additional business.

The timing is perfect for a new owner: take advantage of the restaurant's incredible renovation and Big Bear's future expansion plans.  Step into a very profitable restaurant for half the price it would cost to build. - pick up where the owner left off!  This is a rare opportunity to own an incredible destination restaurant and tavern.  Don't hesitate: this perfectly located restaurant won't last at this price!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
12/31/2029
Employees:
36
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in Big Bear Village, 47 License and 58 ABC catering permit included, 47 Licensed Patio, Entertainment License, Able to accommodate large banquets, weddings and corporate events, Ample Parking
Financing:
Submit
Support & Training:
Owner will train
Reason for Selling:
Owner Retiring
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Contact the Seller

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Robert Marshall

Business Listed By:
Robert Marshall

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Sponsoring Broker:
Sean Edelstein

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