Grill & Cafe With Real Estate
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $400000
Net Profit / Cash Flow $5000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 1 - 3
Inventory 50000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will train for a reasonable time after close of escrow.
Reason for Sale Family.
Description Cafe & Grill for sale with real estate and Beer / Wine License in the South Lake Tahoe area. Please don't discuss the sale with employees or customers, but this restaurant has a great following, a unique location with highway frontage, westbound traffic, very little competition, and an excellent menu that keeps locals and tourists coming back.
The entire interior was recently remodeled with tile flooring, granite countertops, and mountain-style furniture, the roof is only a few years old, and the stairways and decking were professionally engineered and installed. The restaurant equipment is also new and in very good condition, so all it needs now is a good operator.
Impressive sales in 2007 with lots of room for growth:
* Upstairs being used as an office, but would be perfect for a cafe / coffee / bagel / yogurt / smoothie shop, etc.
* Owners have not had time to pursue delivery, catering, or special events, and have advertised very minimally.
* The food on the menu is organic, inexpensive and brings repeat customers ~ keep the concept or bring your own!
Menu, financial statements, equipment list, and location may be provided upon request with a signed Confidentiality Agreement.
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