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Listing #3118 | Profitable Breakfast and Steakhouse in Mason County |
Price: $250,000 |
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Amazing opportunity for the right buyer. This is an 8 year old restaurant that produces spectacular numbers and is available to purchase for the very first time ever. A person can can make a deal. Owners needs to retire, but will stick by your side and invest tons of man hours so you get it right.
Seller financing includes 10 year note to pay off.
This restaurant grossed $935,000 in 2009 and hasn't even added gambling yet. Owner predicts pulltabs could add another $500K to annual sales.
The facility was built in 2002 in one of the fastest growing areas of Mason County. The restaurant is open 7 days a week and has a full service bar. It is one the only full service family restaurants in the area, so it is generally packed.
The owner has been in the restaurant business all his life and he is looking forward to retirement; though it is very important to him that the new owner is successful, that is why he will share all his knowledge and help out in any way he can.
Go in, have something to eat, enjoy and envision yourself as the new king of the empire.
This is an Add Value Alliance, Inc dba Washington Brokers listing.
Seller financing
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| Listing Status: |
Available |
| Price: |
$250,000 |
| Location: |
WA Kitsap County Olympic Peninsula
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| Last Year's Annual Gross: |
$935,000 |
| Last Year's Adjusted Net: |
$62,000 |
| Lease Information: |
October 2012 + 5 year |
| Monthly Rent: |
$4,700 |
| Liquor License: |
Class H |
| Indoor Seating: |
130 |
| Outdoor Seating: |
18 |
| # of Full-Time Employees: |
20 |
| Hours Open: |
6 am to 10 pm Monday thru Sunday |
| Year Established: |
2002 |
| Inside Sq. Ft.: |
4000 |
| Hood System: |
Yes |
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- Sales up this year, through August $615,397.00
- Only 8 years old, Newer design
- Following is enormous, the name is very popular, can keep name or change it i
- Absentee Run, one can only image what an onsite owner could do
- Full Kitchen with 20
- Includes a soft serve machine and 24 flavors
- Bar is Separated and has outdoor seating
- Plenty of parking for everyone
- Road side Signage and Marque sign
- Expand on the tourism in the summer, never been done yet
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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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