Profitable Restaurant & Lounge – 40+ Year History
Washington/Iland CountyFinancials
- Price: $175,000
- Gross Income: $1,008,103
- Cash Flow: $193,140
- FFE: $95,000
- Inventory: $15,000
- Real Estate Value: $0
- Source Data:
About the Business
- Listing ID: #17515
- Year Established: 1963
- Financing: Possible owner terms for qualified purchaser.
- Training: Training to be provided.
- Facilities: Premise size is 3,730 sf with seating for 70 in dining area, 30 in lounge and 60 on patio.
- Competition:
- Growth:
- Employees:
Property Descriptions
Established, positively reviewed restaurant and lounge with robust sales and profits. This well located, free standing corner location is situated near Deception Pass, Penn Cove and a minutes walk to the water. The enterprise comes with a strong, loyal and growing customer base earning from a beneficial mix of tourist, highway and tourist patrons. The ample and easy parking fronting attractive landscaping invites diners and revelers. The facility showcases a large dining room flanking the cozy lounge and large covered patio. The nicely equipped, large kitchen is efficient and designed for production. Excellent turnkey opportunity offered at under 1.5X earnings.
Business Listed By
Tom O'Brien 221 South 28th Street, Washington, Tacoma
- E-mail : infopaccom@gmail.com
- Web : https://www.pacificcommercialbrokers.com
- Phone : 253-507-5442
- Company : Pacific Commercial Brokers
- Listings : 40