LISTING DETAILS
150 Madrone Lane N Bainbridge Island, WA 98110 WA 98110

Listing #: 682716 | Status: Available | Last Modified: 8/9/2024

Showing Instructions
Call Listing AgentYes
Use DiscretionYes
Listing Information
Listing Date*6/10/2024 12:00:00 AM
Last Modified Date8/9/2024 12:17:59 PM
List Price329000
Selling Compensation2.5%
Lease expirationN/A
Selling ExclusionsTrue
Lease Information
Monthly Rent6445
Monthly NNN/CAM0
Equip Rent Mo0
Business Characteristics
Type/Name of BusRestaurant Marché
Year Established2012
Leasable SF0 SF
Living QuartersFalse
Operating Information
Annual Gross Income1142000
Operating Expenses120000
Net Profix1022000
Reason for SaleRetirement
Selling Price Includes
Real PropFalse
InventoryFalse
Fix & EquipTrue
Bus Phone1
Trade Name1
Excl ItemsFalse
Associated Files
PDFOffering Memo
CBA Flyer
Building Information
Building NameProven, Turnkey Location on Bainbridge Island
CategoryFood and Beverage
Address150 Madrone Lane
Bainbridge Island, WA 98110, WA 98110
CountyKitsap
VicinityWinslow
Market Area530-Bainbridge Island
# of Employees
Full Time2
Part Time6
Documents
Data Avail w/OfferYes
Pft/Loss State #Yrs4
Schedule C #Yrs3
YTD Offer StateYes
Proposed Terms
All CashYes
Seller TermYes
Min Down75%

Proven, Turnkey Location on Bainbridge Island

Showing Instructions

Please call listing agent.

Public Comments

Nestled in the heart of Winslow on Bainbridge Island lies a rare gem—a turnkey restaurant/bar that exudes charm and potential. Established in 2012, Restaurant Marché is a destination for locals and tourists alike. Patrons are greeted by an atmosphere characterized by its Contemporary French American cuisine. An exhibition kitchen, equipped with a wood-fired grill and three type-1 hoods, provides a glimpse into the craftsmanship behind each dish. The intimate cocktail lounge is a cozy alternative for guests to unwind with a crafted libation from the full bar. With seating for 48 indoors and an additional 24 outdoors, there is ample space to enjoy the venue's fresh air and ambiance. This location is perfectly positioned in a hub of mainstay businesses to thrive in a vibrant culinary and local arts ecosystem. Restaurant Marché is surrounded by a diverse array of neighboring restaurants— from the island’s iconic Blackbird Bakery and the traditional Pizzeria Bruciato, to the fresh catch at Proper Fish and the Vietnamese flavors of Ba Sa. The well-known “Farmer’s Market” sign on the side of the Restaurant Marché building leads people to the adjacent Town Square, home of the Saturday Farmer’s Market, the First Friday Arts Walk Moonlight Market, and the newly expanded Buxton Center for Bainbridge Performing Arts. The restaurant’s potential for growth is evident by expanding operating hours and introducing lunch and brunch offerings. The restaurant is currently open four nights a week for dinner. Extensively remodeled for Restaurant Marché, the property encompasses 2,000 square feet of main restaurant space, accompanied by a 700-square-foot storage area and an optional 700-square-foot office. Current monthly rent, inclusive of NNN charges, is $7,145—a highly competitive rate for this coveted location. The Landlord is amenable to negotiating a new 5-year lease with an additional 5- year option, ensuring stability and continuity for prospective operators. This is a rare opportunity for culinary entrepreneurs to step into a well-established venue in a supportive community. With its proven location, versatile layout, and potential for new business, this restaurant can continue to be a cornerstone of Winslow's dining scene for years to come.