Overview
About This Listing
Mike and Wanda’s Restaurant and Lounge has been the Toast of the Town in rural Tulelake for 39 years! Tulelake w/world famous waterfowling history, attracts people from far and wide! Building, business, Resto/Bar FF&E, non-per. invt., POS sys., CA Lottery sys. & Liquor Lic. sold together. Full Liquor Lic., type 47 w/type 58 atch. incl. Liquor Lic. allows beer and wine to be sold off sale, meaning, per ABC, if there is a specialty beer or wine customers can buy it to take home, but cannot operate as a store. Type 58 atch. allows alcohol to be served at catered events anywhere in CA, w/addl. ABC permit/10day period & fee. Siskiyou Co. is not issuing Liquor Lics. for hard alcohol currently. Bar boasts, unique bar and back bar from a San Francisco club, pool table, table seating, outside beer garden. Restaurant has largest event space for miles, hosting multiple events for offices, clubs/asscs., & holidays. Many updates to trade equip. Upstairs: 4 1 bed, 1 bath apts. w/ kitchens, 20+rooms, 4 addl. baths. Roof needs Repair/Replace. Sellers happy to entertain all offers. ABC & CA lottery has transfer process. Escrow 90+ days. One upstairs occupant performing maintenance. Buyer to do due diligence. There are endless creative business expansion possibilities here!
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