Once in a Lifetime Restaurant Opportunity South Sound Area

Thurston County, WA

Seller Financing Available

burger
Asking Price:$700,000
Gross Revenue:$1,468,154
Cash Flow:$233,161
Established Year:2016
BUSINESS DESCRIPTION

This amazing and timelessly and uniquely 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!


DETAILED INFORMATION
Location
Thurston County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
16
Facilities
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 and uniquely themed that could be replicated anywhere within the Pacific Northwest
Competition
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
Growth & Expansion
The restaurant is timelessly dressed in a unique 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.
Financing
Seller is open minded to assist Buyer in obtaining SBA funding. Up to 10% of purchase
Support & Training
The Seller’s will provide transitional support in the day to day operations and growth strategies.
Reason for Selling
Sellers are relocating
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Wes
Martin
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Wes Martin