Price Reduced! - Bar & Restaurant with ABC Type 47 License

El Dorado County, CA

Price Reduced! - Bar & Restaurant with ABC Type 47 License
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Asking Price: Get Financing: $160,000

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Price Reduced! - Bar & Restaurant with ABC Type 47 License

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Business Description

Price Reduced! - Bar & Restaurant with ABC Type 47 License on Main Hwy with Cocktail/Beer Garden.

RRC#: 3038
Asking Price: Offered At $160,000
Location: Lake Tahoe
Annual Revenue: $600,000
Annual Cash Flow: Contact For Info
Monthly Rent: $5,475

Listing Description:
The price has been to reduced to $160,000 for this local’s favorite bar and restaurant which is steeped in history and is a Tahoe Icon. A high value ABC type 47 hard liquor license is included with the sale (Value $100k) along with booth and table seating for 50. 11 high bar and low tables along with bar seating for a further 10 at the bar. There are 7 large flatscreen TV’s, a POS system and sound system plus sports memorabilia throughout the bar and restaurant areas. The 4,000 sq ft Garden has 16 picnic tables with seating 100 in total, a commercial BBQ and a 4 keg beer Kegerator. The Commercial kitchen is loaded with a type 1 hood and fire suppression system, walk-in cold room, range, broiler, fryer, food slicer, upright refrigerator and dishwasher. Located on the main hwy with ample parking, large floodlit signage and with tremendous curb appeal. Please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Contact For Info
Established: 1990
Current Owner: 2008
Employees: 16
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $50,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $600,000
Annual Cash Flow: Contact For Info
Payroll: $16,541
Monthly Revenue: $50,000
Monthly Cash Flow: Contact for Info

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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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