$300,000

Silverwater – A Port Townsend Icon

Washington/Port Townsend
Financials
  • Price: $300,000
  • Gross Income: $1,660,333
  • Cash Flow: $1
  • FFE: $75,000
  • Inventory: $5,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #17666
  • Year Established: 1989
  • Financing: Terms available for qualified purchaser.
  • Training: Training to be provided.
  • Facilities: Premise size is 4,008 sf. with seating for 110.
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Olympic Peninsula in Washington State!!!! This business has been in operation for 34+ years in the main part of tourist driven town on the shores of Puget Sound. Long history of strong sales and profits, this restaurant was grossing near $2,000,000.00 pre-Covid. Numbers are now climbing back and should regain those levels soon. Restaurant includes full kitchen, separate bar/lounge area, lots of windows, and a new long-term lease! This business is ideal for anyone looking to escape the big city and escape to a smaller waterfront town where the people know your name! Also, if you would like to be your own landlord, the real estate is available for strong buyer!!

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Business Listed By

Tom O'Brien 221 South 28th Street, Washington, Tacoma