$475,000
High Grossing Neighborhood Bar in Prime Tacoma Location
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Available
CBA ID#: 679083
0 Undisclosed
Tacoma, WA 98404
Commercial Property

Marketing Description:

For more than 15 years this well-patroned bar has been an iconic Tacoma hangout. This down-to-earth neighborhood eatery and bar has a casual feel with an emphasis on food quality which keeps customers coming back often. Boasting a gross revenue of ~$2M+ in 2023 there is a ton of room to maximize the bottom line. This bar is not just a place to eat, however, margins stay strong with liquor sales composing 50% of gross revenue. Long term NNN lease to be negotiated with new ownership or the real estate is available separately. Take advantage of this rare opportunity to own one of the best bar businesses in the city. Selling due to a change in business interests. Terms available for qualified purchaser.

Use Discretion: No

Included in Price:

  • Real Property: No
  • Inventory Included: No
  • Inventory Value: 25000
  • Fixtures/Equipment: Yes
  • Fixtures/Equipment Details: 250000
  • Phone System: Yes
  • Trade Name: Yes
  • Excluded Items: No

Financials:

  • Operating Income: $2,000,000
  • Operating Expense: $1,000,000
  • Net Profit: $1,000,000
  • Monthly Rent: 5000
  • Docs With Offer: No
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: No
  • All Cash: Yes

Property Features:

  • Catagory: Food And Beverage
  • Leaseable SqFt: 2900
  • Includes Living Space: No

Business Features:

  • Ownership Type: LLC
  • Seating: 80
  • FT Employees: 6
  • PT Employees: 18
  • Year Established: 2007

Licenses:

  • Beer/Wine: Yes
  • Gambling: Unknown
  • Professional: Unknown
  • Class H: Yes
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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.
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