$550,000

Established Whidbey Island Restaurant and Lounge

Washington/Whidbey Island
Financials
  • Price: $550,000
  • Gross Income: $2,196,182
  • Cash Flow: $72,000
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #17886
  • Year Established: 1955
  • Financing: Possible financing for qualified purchaser.
  • Training: Training to be provided
  • Facilities: Premise size is 4,350sf with seating for 150, plus patio seating.
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

This free-standing Restaurant offers a rare opportunity to acquire a well-established, highly regarded dining destination on scenic Whidbey Island. Known for its warm hospitality, locally inspired menu, and unmatched location, this restaurant attracts both loyal locals and steady tourist traffic year-round. Location: Desirable Whidbey location – situated with spectacular water and mountain views. Established Reputation: Celebrated for fresh, locally sourced seafood, regional specialties, and creative seasonal dishes. Strong presence in the community and across online review platforms. Impeccable Facility: Turnkey operation with a fully equipped commercial kitchen, tasteful dining room, and inviting bar area. No deferred maintenance—ready for seamless ownership transition. Profitable Business: Diverse revenue streams including dine-in, bar sales, catering, and seasonal specials. Loyal customer base supported by steady tourism flow. Ambiance: Relaxed, coastal charm with warm, welcoming interiors and expansive windows highlighting panoramic water views. Outdoor Dining: Spacious patio seating with unobstructed waterfront vistas, perfect for al fresco dining and events. Versatile Seating: Flexible floorplan accommodates small or large groups comfortably, along with private party options for special occasions. Limited Owner Involvement: Current ownership maintains limited day-to-day operational participation, providing flexibility for either an active owner-operator or an investor seeking a more passive role. Opportunity: Step into a thriving, turn-key restaurant in one of Whidbey Island’s most picturesque locations. Ideal for an owner-operator or investor seeking a destination dining business with exceptional growth potential.

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Business Listed By

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