Owner Financing is Available!
Business Overview:
Waterfront dining, this restaurant has it all: Great Food, terrific
atmosphere, super sales and Real Estate. We all know profit listings are harder and harder to come by, well now is the time and this is one of the rare ones. You will want to stop by and check it out. Owner Operator may qualify for a 504 loan; if not seller financing for the right qualified buyer is an option. This waterfront restaurant has bee a mainstay since 1974 when it was first built. The seller purchased it in 1997 and has kept it strong. Last year a commercial appraisal was done on the building and land lease alone, not including the profitable business and came back with a $1.2 million dollar value and we are offering this up @ $1.3 million, approximately $500K below suggested market value.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This is only one of two waterfront restaurants in Anacortes and the other one is on an inlet, this has by far a much better view.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.