337 W Big Bear Boulevard, Big Bear Lake, CA 92314

Thelma's Family Restaurant & Bakery is a rare opportunity to own a true Big Bear institution with decades of local recognition, loyal repeat clientele, and prime visibility on one of the busiest roads in town. This well-known restaurant and bakery has built a strong reputation for its home-style comfort food, homemade baked goods, and welcoming mountain atmosphere that keeps both locals and tourists coming back year after year.

The property features a fully equipped commercial kitchen, multiple spacious dining areas, a cozy bar area, two inviting fireplaces, and extensive outdoor seating that perfectly captures the Big Bear mountain lifestyle. The large patio creates an ideal setting for year-round dining and high-volume seasonal traffic.

Positioned directly on the main boulevard with exceptional frontage and constant exposure, the location benefits from heavy tourist and commuter traffic throughout all seasons. Known for hearty portions, homemade pies, famous cinnamon rolls, and longtime customer favorites like the “Hobo” breakfast special and chicken pot pies, the restaurant has become a staple dining destination in the valley.

The business enjoys strong community recognition, established operational history, and a reputation for generating solid revenue with consistent customer demand. The warm mountain-style interior, family-friendly atmosphere, and flexible indoor/outdoor dining spaces make this a standout hospitality property with tremendous potential for continued growth, events, catering, expanded bar service, or enhanced entertainment concepts.

A turnkey opportunity to own one of Big Bear’s most recognizable and beloved restaurant destinations.