Bar & Grill @ South Lake Tahoe Airport!
Location: California > El Dorado County > South Lake Tahoe
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $84,900
Gross Revenue: $73,000
Gross Revenue Comments: Appx $33k restaurant, $40k catering/wedding
Cash Flow: $42,000
Cash Flow Comments: 2007
Inventory: $5,000 (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Business Summary
Great opportunity to turn this restaurant into a success story! In business for over 60 years, the current owner is retiring and all it needs is a good operator! Type-47 liquor license, over 3000 square feet of operating space, catering, & front-seat views of the Sierra peaks & the Airport runway. A recent approval of a Vision Statement for a commercial airport & construction under way for additional businesses are signs of a promising future for this location. Owner is very motivated to sell and wants to see an offer!
About the Business
Year Established: 1944
Employees: 2 full time - 4 part time
Facilities: Airport, city offices, lots of parking, highway frontage
Market Outlook and Competition: See attachments
About the Sale
Reason For Selling: Retiring and moving out of the area
Attached Files - Attachment Disclaimer
 | Bar w/ Views of the Airstrip & Sierra Peaks | ||
| Kitchen Area | ||
| Loaded Bar | ||
| Dining Area & Entrance | ||
| Buffet Area | ||
| Dining Area & Buffet Area | ||
 | Airport Vision Statement - The City has approved a vision to bring back regional/commercial airlines to South Lake Tahoe, expected to coincide with the completion of the Chateau at Heavenly Village at Stateline with a Convention Center, retail space, and hotel/condo. | ||
 | Equipment List | ||
| 2007 Monthly Expenses | ||
| 2005-2007 Profit & Loss |
List Your Business for Sale | This listing has been viewed 185 times
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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