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Listed by:

Transworld Business Advisors

European Restaurant In Thurston County For Sale

Thurston County, Washington, US
Asking Price:
$135,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500,000
Cash Flow:
$179,000

Eastern Europe traditional restaurant for sale in Thurstan County, which has ten plus years at this location. New carpet with loyal customer base will ensure smooth transition. There is plenty of parking and a dining area.

Room for a private dining room for special events or sport team functions. Simple menu with affordable rent and high margins. The restaurant would be able to be easily switch to different menu or theme.

Large military customer base. Lunch is affordable and draws in lines during lunch. Easy to serve as takeout. An update to the website, online ordering, and social media focus would increase sales.

Seller has consistently made $150,000–$200,000 per year in SDE for a consistent amount time since pandemic.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $3,200.00

Square Units (Foot, Meter): 1,800

Lease Expiration Date: January 1, 2027, 12:00:00 AM

Premises Details:

FF&E Overview: New Carpet, chairs, and most tables. Racking in kitchen.

FF&E General Condition: New

Business Operation

Expansion Potential:

Introduction to social media, online ordering, and a new web page would help re-introduce restaurant to the area. Rely heavily on the military community. Has kept prices affordable to keep clientele, but with a re-fresh of the menu, a price increase would be justified. Hours are reduced because owner has been trying to retire since pandemic. Hiring and training a staff would help increase the growth in sales at location.

Competition / Market:

No or very limited competition for the traditional European restaurant. In addition to being very unique, the price point attracts customers because the prices are very affordable.

Reasons for selling:

Owner Retirement

Trading hours:

Mon-Sat 11:30AM - 8:30 PM

Employees:
4

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Furniture / Fixtures value:
$7,000 - included in the asking price
Inventory / Stock value:
$2,500 - included in the asking price