Business To Buy
Established Whidbey Island Restaurant and Lounge |
Whidbey Island, Washington |
This free-standing Restaurant offers a rare opportunity to acquire a well-established, highly regarded dining destination on scenic Whidbey Island. Known for its warm hospitality, locally inspired menu, and unmatched location, this restaurant attracts both loyal locals and steady tourist traffic year-round.
Location: Desirable Whidbey location – situated with spectacular water and mountain views.
Established Reputation: Celebrated for fresh, locally sourced seafood, regional specialties, and creative seasonal dishes. Strong presence in the community and across online review platforms.
Impeccable Facility: Turnkey operation with a fully equipped commercial kitchen, tasteful dining room, and inviting bar area. No deferred maintenance—ready for seamless ownership transition.
Profitable Business: Diverse revenue streams including dine-in, bar sales, catering, and seasonal specials. Loyal customer base supported by steady tourism flow.
Ambiance: Relaxed, coastal charm with warm, welcoming interiors and expansive windows highlighting panoramic water views.
Outdoor Dining: Spacious patio seating with unobstructed waterfront vistas, perfect for al fresco dining and events.
Versatile Seating: Flexible floorplan accommodates small or large groups comfortably, along with private party options for special occasions.
Limited Owner Involvement: Current ownership maintains limited day-to-day operational participation, providing flexibility for either an active owner-operator or an investor seeking a more passive role.
Opportunity: Step into a thriving, turn-key restaurant in one of Whidbey Island’s most picturesque locations. Ideal for an owner-operator or investor seeking a destination dining business with exceptional growth potential.
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Financials |
Price: $550,000 |
Gross Income: $2,196,182 |
Cash Flow: $72,000 |
FFE: $0 |
Inventory: $0 |
Real Estate Value: $0 |
About the Business |
Office Reference ID: # |
Year Established: 1955 |
Financing: Possible financing for qualified purchaser. |
Training: Training to be provided |
Facilities: Premise size is 4,350sf with seating for 150, plus patio seating. |
Competition: |
Growth: |
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Business Listed By |
Name: Tom O'Brien |
Company: Pacific Commercial Brokers |
Phone: 253-507-5442 |
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