Business To Buy

Highly Rated Restaurant & Bar with Strong Sales & Profits

Pierce County, Washington
With a decades long legacy, this acclaimed restaurant and lounge has not only stood the test of time but has thrived through the years. Its robust sales and substantial profits are a testament to its commitment to providing fresh, quality entrees paired with carefully crafted cocktails, fine wines, and artisanal beers. Nestled in one of Pierce County’s most coveted locations, this dining establishment occupies a prime spot on a signalized corner.

The venue boasts a charming ambiance with elevated, soaring ceilings, multiple expansive retracting windows, and tasteful yet comfortable décor. The well-appointed bar complements the dining room, both facing the immaculate open kitchen and spacious prep area. For those seeking a more intimate experience, private dining options are available. The entire facility is meticulously maintained, with no deferred maintenance to be found. This is a profitable, turnkey opportunity.

Financials

Price: $799,000
Gross Income: $2,177,068
Cash Flow: $340,551
FFE: $200,000
Inventory: $25,000
Real Estate Value: $0

About the Business

Office Reference ID: #17671
Year Established: 1999
Financing: Financing available for qualified purchaser.
Training: Training to be provided.
Facilities: Premise size is 4,600 sf with seating for 127 (dining 60, lounge, 35, and private 32).
Competition:
Growth:
Business Listed By
Name: Tom O'Brien
Company: Pacific Commercial Brokers
Phone: 253-507-5442

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