Classic Diner & Lounge in High Foot Traffic Location, Pierce County

Pierce County, WA

Seller Financing Available

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Asking Price:$150,000
Gross Revenue:$1,380,000
FF&E:$100,000
Cash Flow:$91,000
Inventory:$25,000
Established Year:1969
BUSINESS DESCRIPTION

Here is your opportunity to own a classic neighborhood diner and lounge with more than 5 decades of consistent business! This full-service restaurant has the kitchen capacity to serve breakfast, lunch and dinner and includes a dedicated 21+ lounge space with liquor and pull-tab income. Located in one of the most desirable Pierce County neighborhoods, enjoy the busy, walkable, low-crime, location. Favorable lease terms available and the space can be demised to fit your concept. Selling due to change in business interests.


DETAILED INFORMATION
Location
Pierce County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,500
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Premise size is 4,500 sf. with seating for 99+. Space may be demised.
Financing
Terms available for qualified purchasers.
Support & Training
Training negotiable.
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Andrew
Babcock
Pacific Commercial Brokers
Andrew Babcock