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- RE: Legacy Eatery & Bar For Sale
- Contact: Kris Wilson
Quick Facts
Asking Price: | $298,000 | |
Annual Revenue: | $1,396,880 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $141,732 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1983 | |
Employees: | 14 | |
BBN Listing #: | 949980 | |
Broker Reference #: | 683939 |
Business Overview:
Seize this exceptional opportunity to own a restaurant and bar that has been a cornerstone of the community for over 25 years. Located on a high traffic road, this beloved establishment has a loyal customer base and dedicated staff, ensuring a seamless transition for the new owner. Substantial upgrades to the kitchen, bar and dining room have been completed in the past 5 years. This major investment has paid off, with sales continuing to increase. The Bar is fully equipped and attracts a large pull-tab customer base. With live music, karaoke, and open mic nights, the vibrant atmosphere continues to draw in new clientele. As retirement approaches, the seller is eager to pass on this thriving establishment to a new owner, offering valuable trade secrets accumulated over decades of industry experience. Contact our office today for an NDA to learn more!
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Property Features and Assets:
Real estate is leased at an awesome rate, all utilities included except for electricity. The kitchen equipment has been recently upgraded and the entire space was remodeled in the last 5 years.
Market Competition and Expansion:
With over 25 years of operation behind it, this restaurant and bar has more than established itself in the community. Like any business that has been around for this long, there is always an opportunity to bring new ideas for growth. Seller can share what they have experimented with over the years and what they would implement, if it wasn’t time to retire.
Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Washington businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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