$475,000

High Grossing Neighborhood Bar in Prime Tacoma Location

Washington/King County
Financials
  • Price: $475,000
  • Gross Income: $1,432,043
  • Cash Flow: $190,513
  • FFE: $150,000
  • Inventory: $20,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #17688
  • Year Established: 1980
  • Financing: Terms available for qualified purchaser.
  • Training: Training to be provided.
  • Facilities: Premise size is 2,900 SF with seating for 80 + outdoor patio.
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

For more than 15 years this well-patroned bar has been an iconic Tacoma hangout. This down-to-earth neighborhood eatery and bar has a casual feel with an emphasis on food quality which keeps customers coming back often. Boasting a gross revenue of ~$2M+ in 2023 there is a ton of room to maximize the bottom line. This bar is not just a place to eat, however, margins stay strong with liquor sales composing 50% of gross revenue. Long term NNN lease to be negotiated with new ownership or the real estate is available separately. Take advantage of this rare opportunity to own one of the best bar businesses in the city. Selling due to a change in business interests. Terms available for qualified purchaser.

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Business Listed By

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