El Dorado County, CA Mexican Restaurants For Sale

Real Estate Included - 6200 Square Ft Mexican Bar & Restaurant
$1,500,000
Real Estate Included - 6200 Square Ft Mexican Bar & Restaurant

South Lake Tahoe, CA

Real Estate Included - 6200 Square Ft Mexican Bar & Restaurant With Patio & Hard Liquor License RRC#: 2559 Asking Price: $1,500,000 Location: 765 Emerald Bay Road, South Lake Tahoe, California Yearly Revenue: $960,000 Yearly Cash Flow: Contact for Info Monthly Rent: Real Estate Included LISTING DESCRIPTION: The Cantina Bar and Grill is a South Lake Tahoe Icon. Located on the main thoroughfare at the ''Y'' this 6,200 square ft bar and restaurant with it large parking lot includes a bar seating 40, a dining room for 100, a private dining room for 50 and patio seating a further 50. Beautifully remodeled using hardwood throughout with wood beams giving a ''Real'' Tahoe feel, see photo''s. The large kitchen can support the busy dining area''s with an extra wide type 1 hood with fire suppression system allowing for a double row of stoves with ovens, fryers, flattop, broiler, salamander, convection ovens and ample refrigerated worktops plus extra preparation space. A large walk-in for all the food storage and another walk-in for the wine & the 16 craft beers on tap with Glycol draft beer system to ensure the perfect pour. The bar is at the front and boasts a Taylor Margarita mix machine, 25 ft of hardwood bar, wooden shelves for liquor and a 5 station POS system. The private dining room is situated between the bar and kitchen and can accommodate up to 50 for party''s. The main dining room is split leveled which adds to the character and has ample dining space between the hardwood beams, while the attractive patio finishes off this large multi use bar and restaurant. $1.5 million includes the real estate. The owner is ''quasi'' absentee with a full management structure in place. To receive full details of this opportunity please complete the information request at the top of this page and we’ll send you the historical financials & property profile information. We will also send you the broker’s agent contact information so you can discuss this opportunity in more detail. GENERAL INFORMATION: Organization: Corporation | Year Established: 1956 | Current Owner: 1996 | Employees: 45 | Seating: 240 | Square Footage: 6217 | Parking: Parking Lot 50+ | Licenses Required: Health, Business & ABC Type 47 License | Days Open/Hours: 11am - 11pm Daily | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $960,000 | Contact for InfoPayroll: $33000 | LEASE INFORMATION: Monthly Rent: Real Estate Included | Lease Expiration: Real Estate Included | Yearly Adjustment: Real Estate Included | Lease Option: Real Estate Included |