Prepared by https://www.commercialmls.com
Listing #: 683939 | Status: New | Last Modified: 7/12/2024
Showing Instructions | |
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Call Listing Agent | Yes |
Use Discretion | Yes |
Listing Information | |
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Listing Date* | 7/10/2024 12:00:00 AM |
Last Modified Date | 7/12/2024 9:53:18 AM |
List Price | 298000 |
Selling Commission | 0 |
Lease expiration | N/A |
Selling Exclusions | False |
Lease Information | |
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Monthly Rent | 3245 |
Business Characteristics | |
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Type/Name of Bus | Legacy Eatery & Bar for Sale |
Hours of Operation | Mon-Sat 6am-9pm, Sun 7am-8pm |
Days Open | 7 |
Year Established | 1983 |
Leasable SF | 0 SF |
# of Parking Available | 15 |
Living Quarters | False |
Operating Information | |
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Annual Gross Income | 1396880 |
Operating Expenses | 1255148 |
Net Profix | 141732 |
Reason for Sale | Retirement |
Selling Price Includes | |
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Real Prop | False |
Inventory | False |
Fix & Equip | True |
Bus Phone | 1 |
Trade Name | 1 |
Excl Items | False |
Building Information | |
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Building Name | Legacy Eatery & Bar for Sale |
Category | Food and Beverage |
Address | 0 Undisclosed Port Orchard, WA 98366 |
County | Kitsap |
Market Area | 500-All Kitsap |
# of Employees | |
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Full Time | 6 |
Part Time | 8 |
Documents | |
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Data Avail w/Offer | Yes |
Pft/Loss State #Yrs | 6 |
Balance Sheet | 1 |
YTD Offer State | Yes |
Proposed Terms | |
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All Cash | Yes |
Seller Term | 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.
Seize this exceptional opportunity to own a restaurant and bar that has been a cornerstone of the community for over 25 years. Located on a high traffic road, this beloved establishment has a loyal customer base and dedicated staff, ensuring a seamless transition for the new owner. Substantial upgrades to the kitchen, bar and dining room have been completed in the past 5 years. This major investment has paid off, with sales continuing to increase. The Bar is fully equipped and attracts a large pull-tab customer base. With live music, karaoke, and open mic nights, the vibrant atmosphere continues to draw in new clientele. As retirement approaches, the seller is eager to pass on this thriving establishment to a new owner, offering valuable trade secrets accumulated over decades of industry experience. Contact our office today for an NDA to learn more!