Asking Price: $670,000

Gross Revenue: $1,700,000

Cash Flow: $277,000

Inventory: $8,000 (Not Included in Asking Price)

FF&E: $350,000 (Included in Asking Price)

Seller Financing: Seller financing OAC

This business is a 113 year old pub eatery located in historical Pioneer Square. A Seattle favorite since before the start of the 20th century, this approximately 5000 square foot pub has two “classic” antique bars with POS beverage distribution systems, a expedition style kitchen with class 1 hood & modern equipment, a scullery, two walk-in refrigerators, plenty of dry storage, and a great office space. Open seven days a week between 11:30 A.M. and 2:00 A.M. the bar & restaurant is a favorite for lunch for downtown Seattle workers, the happy hour crowd, evening & weekend nightlife, and the Mariners & Seahawks sports fans. Evening on-site entertainment includes world renown DJ’s, top local bands, and the “best” karaoke in downtown Seattle.

The current staff of the business includes three full-time employees and 25 part-time individuals.

The current lease rate is $12,600 including NNN. The lease has approximately seven years remaining with two five options to extend.

Year Established: 1895

Employees: 3 full time - 25 part time

Facilities: Approximately 5,000 sq. ft, this Seattle staple is loaded with antiques, lots of seating in and out with seven years left on existing lease with 2 five year extentions.

Market Outlook and Competition: This Seattle staple located in Historical Pioneer Square has dominated the night life and location for tourist, sports fans and night life entertainment.

Management Training and Support: 80 Hours

Reason For Selling: Owner has been approved for national fast food franchise.