$325,000
From Plate Lunches to Profits
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Available
CBA ID#: 673548
0 Undisclosed
Silverdale, WA 98383
Commercial Property

Marketing Description:

Available for purchase is an iconic eatery situated in Silverdale, WA, cherished by locals and visitors alike for its culinary offerings. This establishment has transcended being just a restaurant; it's become a sought-after destination, winning the hearts and palates of its patrons. Now after 14 years the owner has said it is time to retire.

With its themed ambiance, a diverse menu boasting flavors inspired by a certain paradise, and an unwavering commitment to using the freshest, top-quality ingredients, this venue has cultivated a dedicated following over time. Whether relishing a classic plate lunch, indulging in a delectable poke bowl, or savoring the seafood delicacies on offer, this eatery provides an authentic and delightful dining experience in Silverdale.


Listing Agent Remarks:
This establishment is an excellent opportunity for an aspiring owner seeking a business that is ready to operate seamlessly. Their bottom line profitability is a winner. Boasting over $140,000 in profit is HUGE. They thrived during Covid and never looked back. With a proven track record and a loyal customer base, there are ample prospects for expansion, whether through catering services, extended operating hours, or other inventive strategies to further elevate the business.

Use Discretion: Yes

Showing Instructions: NDA Must be signed by buyer and buyer broker, prior to any disclosure of business. Buyers broker must be present for all tours and meetings and must b

Included in Price:

  • Real Property: No
  • Inventory Included: No
  • Inventory Value: 10000
  • Fixtures/Equipment: Yes
  • Phone System: Yes
  • Trade Name: Yes
  • Excluded Items: No

Financials:

  • Operating Income: $919,159
  • Operating Expense: $798,948
  • Net Profit: $120,211
  • Monthly Rent: 2068
  • Docs With Offer: Yes
  • Profit/Loss Years: 2
  • Schedule C Years: 2
  • Balance Sheet Years: 2
  • YTD Statement: Yes

Seller Terms:

  • Seller Terms: No
  • All Cash: Yes

Property Features:

  • Catagory: Food And Beverage
  • Parking: 50 Spaces
  • Leaseable SqFt: 1300
  • Includes Living Space: No

Business Features:

  • Ownership Type: Corporation
  • Hours: 11:00am - 8:00pm
  • Days Open: Monday - Saturday
  • Seating: 48
  • FT Employees: 4
  • PT Employees: 10
  • Year Established: 2009
  • Why Selling: Retiring

Licenses:

  • Beer/Wine: No
  • Gambling: No
  • Professional: Yes
  • Class H: No
This Listing Supplied Courtesy of The Wynn Group
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity