Family Restaurant
Location: Washington
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $325,000
Gross Revenue: $825,546
Cash Flow: $89,501
Inventory: $8,000 (Not Included in Asking Price)
FF&E: $150,000 (Included in Asking Price)
Real Estate: $900,000 (Not Included in Asking Price)
Seller Financing: All cash, possible terms as are acceptable to seller
Business Summary
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 building with a seating capacity of 116 (29 tables) grossing $68,750/month. It has just been remodeled to include the entire kitchen and most equipment, new carpet, tile, paint inside and out, new bathrooms, and a new 20-year roof. The rest of the 2,860 sq ft of building (also remodeled) currently is used for retail sales but has excellent potential for a sports bar, pub, lounge. This well-maintained 5,760 sq ft building on a three quarter acre city lot is valued at $900,000 and is available with the sale of the restaurant.
About the Business
Year Established: 1986
Employees: 8 full time - 4 part time
Facilities: Business currently on city water and sewer
Market Outlook and Competition: this is located in a fast growing city in the Puget Sound region
About the Sale
Management Training and Support: Seller or assigns willing to train and assist for limited period of time from date of closing at no additional cost to buyer
Reason For Selling: To pursue other unrelated business interests

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Listing Tools
BizQuest ID:879334
Seller ID:10489
Business Listed By
Name:Richard A. Swift, Designated Broker
Company:McMurry & Swift, Inc.
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