Business To Buy

High Grossing Neighborhood Bar in Prime Tacoma Location

King County, Washington
For more than 15 years this well-patroned bar has been an iconic Tacoma hangout. This down-to-earth neighborhood eatery and bar has a casual feel with an emphasis on food quality which keeps customers coming back often. Boasting a gross revenue of ~$2M+ in 2023 there is a ton of room to maximize the bottom line. This bar is not just a place to eat, however, margins stay strong with liquor sales composing 50% of gross revenue. Long term NNN lease to be negotiated with new ownership or the real estate is available separately. Take advantage of this rare opportunity to own one of the best bar businesses in the city. Selling due to a change in business interests. Terms available for qualified purchaser.

Financials

Price: $475,000
Gross Income: $1,432,043
Cash Flow: $190,513
FFE: $150,000
Inventory: $20,000
Real Estate Value: $0

About the Business

Office Reference ID: #17688
Year Established: 1980
Financing: Terms available for qualified purchaser.
Training: Training to be provided.
Facilities: Premise size is 2,900 SF with seating for 80 + outdoor patio.
Competition:
Growth:
Business Listed By
Name: Tom O'Brien
Company: Pacific Commercial Brokers
Phone: 253-507-5442

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