Business To Buy

Classic Diner & Lounge in High Foot Traffic Location, Pierce County

Pierce County, Washington
Here is your opportunity to own a classic neighborhood diner and lounge with more than 5 decades of consistent business! This full-service restaurant has the kitchen capacity to serve breakfast, lunch and dinner and includes a dedicated 21+ lounge space with liquor and pull-tab income. Located in one of the most desirable Pierce County neighborhoods, enjoy the busy, walkable, low-crime, location. Favorable lease terms available and the space can be demised to fit your concept. Selling due to change in business interests.

Financials

Price: $150,000
Gross Income: $1,380,000
Cash Flow: $91,000
FFE: $100,000
Inventory: $25,000
Real Estate Value: $0

About the Business

Office Reference ID: #
Year Established: 1969
Financing: Terms available for qualified purchaser.
Training: Training negotiable.
Facilities: Premise size is 4,500 sf with seating for 99+. Space may be demised.
Competition:
Growth:
Business Listed By
Name: Tom O'Brien
Company: Pacific Commercial Brokers
Phone: 253-507-5442

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