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Restaurant Realty Company

Craft Brew Pub For Sale

South Lake Tahoe, California - North
Asking Price:
$1,400,000 (USD)
Sales Revenue:
$3,360,000 (USD)
Cash Flow:
$570,000 (USD)

$3.4 Million In Sales Craft Brew Pub Also With Hard Liquor, Bar, Restaurant & Patio In S Lake Tahoe

RRC#: 2878
Asking Price: $1,400,000
Location: 4118 Lake Tahoe Blvd, South Lake Tahoe, California
Yearly Revenue: $3,360,000
Yearly Cash Flow: $570,000
Monthly Rent: 29,000 Inc NNN

LISTING DESCRIPTION:
This highly successful Craft Brew Pub with license to sell hard liquor with a full Bar and Restaurant and Patio opportunity has been in the same ownership for 14 years. Annual Gross sales are $3.4 million generating $570,000 in sellers annual cash-flow. Nestled in a Prime Location adjacent to the many Casino's and on the base of Heavenly Ski resort in South Lake Tahoe California. The winter skiers are at your doorstep from November - May and the summer tourists from June - October. There are 5 major Casino hotels, Marriott timeshare hotel & local private motels surround this business with over 3,500 rooms making this the best location in Tahoe. The Gondola to Heavenly Mountain Ski Resort is immediately next-door with 10,000+ daily skiers looking for that 'Apres Ski' party and to enjoy post skiing libations. Pre- Approved for 80% SBA loan financing on the purchase price to proven, experienced and well qualified operators with excellent credit. 8,250 sq ft of Brewery, Hard Liquor Bar, 300+ seat Dining Room, Private Banquet Room and large Patio. The Craft Beer Brewery system is a simple operation and highly profitable using 4 Brite Tanks, 1 Brew Kettle, 2 Fermenting Vessels and all the plumbing, transfer pumps, heat exchanger chilled tanks and chiller tank to bar with equipment to successfully make great craft beers. The Dining Room seats 280 with a private dining room and further patio seating for 70 plus 20 at barstool seating. The Bar has 18 craft beers on tap with it's own walk-in cooler. Hard liquor is also served with the beer brew license. The Kitchen is fully equipped with a front line show kitchen and a separate large back prep kitchen. The front line has 3 Remco ovens, 2 refrigerated drawers, McCall upright fridge, carving station, 2 double fryers and a steamer. The back kitchen includes large walk-in cooler , Hobart dishwasher, Hobart 60 qt mixer, Groen steam kettle, tilt skillet, double electric ovens, coffee roaster, meat slicer and a Hobart Buffalo Chopper and 2 600lb ice machines, 1 a Scottsman the other a Hoshiziki. There is an good size office with computer controls and security camera system. This is a rare opportunity for such a tremendous operation and best location in town. Complete the ‘Non Disclosure Agreement’ and we will send you the financial information, more photos, business profile & a full list of equipment. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 50 | Seating: 300+ and Patio | Square Footage: 8250 | Parking: 100+ | Licenses Required: Health and Business and Brewery License | Days Open/Hours: 11am - 12pm Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $3,360,000 | Yearly Cash Flow: $570,000 |

LEASE INFORMATION:
Monthly Rent: 29,000 Inc NNN | Lease Expiration: 2017 | Lease Option: New Lease Negotiable | Security Deposit: 15,384 |

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