Silverwater - A Port Townsend Icon
Port Townsend, WA
| Asking Price: | $300,000 |
| Established Year: | 1989 |
| Gross Revenue: | $1,660,333 |
Listing ID: 2100360Listing provided by BizBuySell
BUSINESS DESCRIPTION
Olympic Peninsula in Washington State!!!! This business has been in operation for 34+ years in the main part of tourist driven town on the shores of Puget Sound. Long history of strong sales and profits, this restaurant was grossing near $2,000,000.00 pre-Covid. Numbers are now climbing back and should regain those levels soon. Restaurant includes full kitchen, separate bar/lounge area, lots of windows, and a new long-term lease!
This business is ideal for anyone looking to escape the big city and escape to a smaller waterfront town where the people know your name!
Also, if you would like to be your own landlord, the real estate is available for strong buyer!!
DETAILED INFORMATION
Location
Port Townsend, WA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
4,008
Employees
19
Facilities
Premise size is 4,008 sf with seating for 110.
Growth & Expansion
Currently open 5 days a week, so adding Sunday and Mondays would greatly increase revenues and profit! Also, there is additional space available if one wanted to build out separate bar/wine tasting/pub/deli, etc...
Financing
Terms available for qualified purchaser.
Support & Training
Training to be provided.
Reason for Selling
After 30+ years, time to retire!!
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