1528 Tavern Road Road,
Mammoth Lakes, CA 93546
- 3,436 sq ft
- Year Built: 1971
- Listing #220611
The Mogul Restaurant- Opportunity to purchase the real estate and business for one of Mammoth's longest established restaurants. 3,436 square feet of total building area, which includes the restaurant (Approx 2,836 sq. ft) and a two-bedroom apartment (approx. 600 sq ft) on the second level (currently used as office space). Sale includes FFE and a Type-47 liquor license. Seating for 104 occupants, 24 on-site parking spaces and 38 off-site spaces (available after 5:00pm). Additional parking in the Town "Park-N-Ride" and charging station, just 400' to the east. 81 new housing units currently under construction in the first phase of the "The Parcel" housing development, 1 block to the west. Future phases of The Parcel schedule for 2024. Property is owner occupied and has been since inception. Roof is relatively new and parking lot has just been slurred and re-striped. Average Net Income for the business is 25% of Gross. Income history is stable with consistent increases over the past 5+ years (Covid shutdowns aside). Current revenues are trending toward record levels
|Listing Type||For Sale|
|Floors||Carpet, Vinyl Floors|
|Heating and Cooling||Propane, Electric, Forced Air, Other/See Remarks|
|Lot Size||0.37 acres|
Courtesy of Matthew Lehman Real Estate760-934-1110
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This content last updated on 12/2/2022 11:30 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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