Here is your opportunity to own a beautifully equipped turnkey bar and restaurant in a highly desirable Pierce County city neighborhood. Located in a key commercial business district, this walkable neighborhood has many complementary businesses, services and city attractions nearby. This facility is equipped for high volume food and bar sales and will support most any culinary concept. Exceptionally decorated and furnished with high end touches throughout. Currently the premises include a ~1,500SF overflow/event space which can be excluded if you desire a smaller footprint. Don’t miss this opportunity to enter a key Pierce County market for a fraction of the cost of building out new. Selling due to a change in business interests.
- Asking Price:
- $200,000 Furniture / Fixtures included
- Sales Revenue:
- $800,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Walk-In cooler and freezer, large prep room, 24’ Type 1 Hood
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Growth opportunities include extending operating hours by opening earlier in the day and adding additional service days to capture unmet demand from both neighborhood residents and destination diners. A new owner could further increase revenue through expanded private dining and event bookings, enhanced wine and cocktail programming, and strategic local marketing. Additional upside exists in optimizing online presence, reservations, and takeout, as well as developing catering and off-site dining to grow brand reach and sales.
- Competition / Market:
-
The surrounding area features a vibrant mix of established restaurants, wine bars, and boutique retail, creating a complementary dining ecosystem rather than direct competition. With limited availability of high-end dining concepts in the immediate area, this business is well-positioned to capture both special occasion and repeat neighborhood clientele, while continuing to stand out through quality, ambiance, and service.
- Employees:
- 14 PTE
- Years established:
- 4500
Other Information
- Support & training:
-
Transition help and training to be negotiated.
- Financing available:
-
Financing available for qualified purchaser.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $15,000
