Prepared by https://www.commercialmls.com
Listing #: 683657 | Status: Available | Last Modified: 7/2/2024
Showing Instructions | |
---|---|
Call Listing Agent | Yes |
Use Discretion | Yes |
Listing Information | |
---|---|
Listing Date* | 6/15/2024 12:00:00 AM |
Last Modified Date | 7/2/2024 4:21:06 PM |
List Price | 398000 |
Selling Commission | 0 |
Lease expiration | 04/29/2028 |
Selling Exclusions | False |
Lease Information | |
---|---|
Monthly Rent | 4290 |
Monthly NNN/CAM | 1506 |
Business Characteristics | |
---|---|
Type/Name of Bus | Full-service Family Friendly Restaurant and Bar |
Hours of Operation | Sun-Thu 9am-11pm, Fr-Sat 9am-2am |
Days Open | 7 |
Year Established | 2018 |
Leasable SF | 4,790 SF |
# of Parking Available | 10 |
Living Quarters | False |
Operating Information | |
---|---|
Annual Gross Income | 1535461 |
Operating Expenses | 1340883 |
Net Profix | 194578 |
Reason for Sale | Retiring |
Selling Price Includes | |
---|---|
Real Prop | False |
Inventory | False |
Fix & Equip | True |
Bus Phone | 1 |
Trade Name | 1 |
Excl Items | False |
Building Information | |
---|---|
Building Name | Full-service Family Friendly Restaurant and Bar |
Category | Food and Beverage |
Address | 0 Undisclosed Port Orchard, WA 98366 |
County | Kitsap |
Market Area | 500-All Kitsap |
# of Employees | |
---|---|
Full Time | 5 |
Part Time | 5 |
Documents | |
---|---|
Data Avail w/Offer | Yes |
Pft/Loss State #Yrs | 5 |
Schedule C #Yrs | 5 |
YTD Offer State | Yes |
Proposed Terms | |
---|---|
All Cash | Yes |
NDA Must be signed by buyer and buyer broker, prior to any disclosure of business. Buyer’s broker must be present for all tours and meetings and must be point of original contact
Consider this unique opportunity to fulfill your dreams. Have you ever imagined owning a bar, restaurant, or vape shop? Step into the realm of bar ownership with a well-established venue. This business is fully staffed and profitable, with the sellers opting to retire and savor time with their grandkids. Founded in 2018 with grit, determination, and drive, this enterprise navigated Covid-19 challenges and emerged stronger than ever. From inception, the owners tailored the business to customer desires, consistently delivering excellence. Opening a new establishment comes with its hurdles, but these owners hit the ground running, maintaining profitability since day one. The atmosphere combines family-friendly warmth with vibrant energy. With over 600 glowing reviews, it's evident this spot is a beloved community hub. Imagine having 600 voices endorsing your venture—that's unwavering support. This offering includes an attached vape shop, a dependable revenue stream that's easy to manage.