This amazing and timelessly PNW themed restaurant has been awarded year after year as the best place to eat within their downtown corridor market. The immediate area that they serve is up and coming with new higher end condominiums, luxury apartments, shopping and generally positive economic development. The Seller has created a unique, friendly environment and has hired staff that provides professional, friendly, and welcoming service which combines to create an amazing dining experience. Seller’s can take vacations without the operation falling apart and are front of the house in their work duties. The operation is data driven with information collected on daily sales, margins, menu item sales and trends which aids in knowing when to modify when needed. Themes used in the restaurant are specifically tied to the Pacific Northwest which could be replicated in other locations in the event that a buyer would want to expand. If you are looking for a one of a kind, well run, turnkey restaurant with potential that will knock your socks off, this could be the opportunity for you! 2023 predicted adjusted net is expected at $285,000. All inquiries will be expected to submit an executed Non-Disclosure Agreement to receive details. Contact us today!
- Asking Price:
- $700,000 Furniture / Fixtures included
- Sales Revenue:
- $1,468,154
- Cash Flow:
- $233,161
Property Information
- Real Estate:
-
Lease
- Premises Details:
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The restaurant is approximately 2600 sq ft with ample dining areas, bar and well-equipped kitchen. The facilities are located within an up-and-coming revitalized downtown area. The restaurant is uniquely and timelessly PNW themed that could be replicated anywhere within the Pacific Northwest
Business Operation
- Expansion Potential:
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The restaurant is timelessly dressed in a Pacific Northwest theme and growth could be had by replicating the restaurant throughout Washington, Oregon and Idaho. This restaurant provides an incredible and stable base of revenues with which to jump start growth or expansion into more locations.
- Competition / Market:
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There is competition of course but this restaurant rises above as they have won award after award for being one of the best places to eat in their community for years. Rather than focus on their competition, the Sellers have chosen to provide their customers with amazing service, elevated comfort food and a fun and comforting environment in which to enjoy a meal. The Seller also keeps extensive records on costs, sales on specific days, and customer trends so that they can respond accordingly. They survived COVID by pivoting and weathered the storm better than most.
- Reasons for selling:
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Seller is relocating
- Employees:
- 16
- Years established:
- 2016
Other Information
- Support & training:
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The Seller’s will provide transitional support in the day to day operations and growth strategies.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
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Seller is open minded to assist Buyer in obtaining SBA funding. Up to 10% of purchase price.
