$799,000
Highly Rated Restaurant & Bar with Strong Sales
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Available
CBA ID#: 676844
111 Undisclosed
Undisclosed, WA 98000
Commercial Property

Marketing Description:

With a decades long legacy, this acclaimed restaurant and lounge has not only stood the test of time but has thrived through the years. Its robust sales and substantial profits are a testament to its commitment to providing fresh, quality entrees paired with carefully crafted cocktails, fine wines, and artisanal beers. Nestled in one of Pierce County’s most coveted locations, this dining establishment occupies a prime spot on a signalized corner.
The venue boasts a charming ambiance with elevated, soaring ceilings, multiple expansive retracting windows, and tasteful yet comfortable décor. The well-appointed bar complements the dining room, both facing the immaculate open kitchen and spacious prep area. For those seeking a more intimate experience, private dining options are available.

Listing Agent Remarks:
The entire facility is meticulously maintained, with no deferred maintenance to be found. This is a profitable, turnkey opportunity.

Use Discretion: No

Included in Price:

  • Real Property: No
  • Inventory Included: No
  • Inventory Value: 25000
  • Fixtures/Equipment: Yes
  • Fixtures/Equipment Details: 200000
  • Phone System: No
  • Trade Name: No
  • Excluded Items: No

Financials:

  • Operating Income: $2,177,068
  • Operating Expense: $1,836,517
  • Net Profit: $340,551
  • Monthly Rent: 12000
  • Docs With Offer: No
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: No
  • All Cash: Yes

Property Features:

  • Catagory: Food And Beverage
  • Leaseable SqFt: 4600
  • Includes Living Space: No

Business Features:

  • Ownership Type: LLC
  • Seating: 127
  • FT Employees: 20
  • Year Established: 1999

Licenses:

  • Beer/Wine: Yes
  • Gambling: Unknown
  • Professional: Unknown
  • Class H: Yes
This Listing Supplied Courtesy of Pacific Commercial Brokers
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