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Listing #2044 | 23 year old Restaurant and Lounge-Seller Financing-Terrific Sales numbers |
Price: $250,000 |
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Presenting one of Kitsap County's well known landmark steakhouses. This steakhouse and lounge comes completely equipped with personnel and cash flow.
Known for its food and atmosphere, this is a restaurant and lounge to check out. This stand alone steakhouse has everything including dining room, kitchen, bar and pull tabs and everything that comes with making all that operate.
Includes Type 1 hood, gas grill, ovens, dishes, pool tables and the list goes on. But most importantly, the owner is willing to finance with 25% down and a 10 year note. Restaurants like this don't come around very often. Historically the sales have been solid. Between 2006 and 2007 a increase of $9449, from 2007 to 2008 an increase of $12283. Now that is solid!.
This steakhouse has a very loyal and strong customer base. People come to this spot, they don't just happen by. If this is the type of place you are looking for give me a call and lets get you in to take a look.
Also, seller will consider any combo deals with his second restaurant listing number 3118.
This is an Add Value Alliance, Inc. DBA Washington Brokers listing.
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| Listing Status: |
Sold |
| Price: |
$250,000 |
| Location: |
WA Kitsap County Olympic Peninsula
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| Last Year's Annual Gross: |
$1,265,763 |
| Last Year's Adjusted Net: |
$97,450 |
| Lease Information: |
Business owner owns the building, open to lease terms |
| Monthly Rent: |
$3,000 |
| Liquor License: |
Full |
| Indoor Seating: |
102 |
| # of Full-Time Employees: |
21 |
| Hours Open: |
Open 24 hours a day, 365 days a year |
| Year Established: |
1989 |
| Inside Sq. Ft.: |
3000 |
| Hood System: |
Yes |
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- 20 years and Going Strong
- Private 50 car plus parking lot
- Loyal Customer Base
- Option to purchase building and land of 1.3 acres addtional 1 million
- The food is well known and terrific
- Excellent location on a 70K car plus highway one way alone(DAILY)
- Consistent $1.2 million dollar annual sales last three years, they are not following the trend
- Restaurant seats 50, which is often full
- Lounge seats another 50
- Full line of pull tabs
- Class H Liquor License
- Completely owner free operated
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Other Listings In The Area
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Profitable Restaurant and Bar Near Seattle |
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Location:
Lease: Expires May 2014 + 5 YR Option
Monthly Rent: $5,676
Annual Revenue: $650,000
Annual Profit: $200,000
Sq. Ft. 2,992
Price: $399,000
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