Family Restaurant In Puget Sound For Sale

Business description

This restaurant is located in a smaller fast growing city in Puget Sound and has established a great reputation for quality food and service. It occupies about 2,900 sq ft of the building with a seating capacity for 110 and monthly gross sales of approximately $76,000. It has just been remodeled in the past 3 years to include all the kitchen and most equipment, new carpet, tile, paint inside and out, new bathrooms and a new 2 0 year roof. There is approximately 3,000 sq ft of space available that has excellent potential for a sports bar, pub, lounge. The facility has been well maintained. The real estate and building is available for an additional $995,000.

Property information

Location:

Located on main thoroughfare thru city, high visibility from highway

Premises details:

Ample off street parking

Business Operation

Expansion potential:

Additional unused retail space available to be converted to entertainment and beverage lounge or banquet facility

Competition / Market:

There are a few other eateries, restaurants in the community, but this business has a well established base of local customers as well as the travelers passing thru. It is also located within 3 minute walk from a hotel. They provide high quality menu offerings breakfast, lunch and dinner.

Reasons for selling:

To pursue other family interests and activities

Trading hours:

Daily

Employees:

12

Years established:

1990

Other information

Support & training:

Seller willing to train for transition for a limited period of time from date of closing at no additional cost to buyer

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing possible for a qualified buyer

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$80,000