American Cuisine Restaurant with Real Estate

Not Disclosed, WA
Island County

Asking Price: Annual Revenue:
$975,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: American Cuisine Restaurant with Real Estate Broker: Oliver Kotelnikov
Owner Financing is Available!
The seller will finance a portion of the sale price for a qualified buyer.

Quick Facts

Asking Price: $975,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 646135781
Broker Reference #: ICR2021

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Business Overview:

This business is a highly recognized and storied Island County eating and drinking establishment. Family-owned in the original landmark location for decades, the high-volume restaurant is known for serving tried and true staples of modern American cuisine with a touch of flair and creativity. Beloved and deeply rooted in the heart of a small-town community, the restaurant caters to an established, multi-generational clientele of loyal regulars and a large, lucrative demographic of year-round visitors with very limited competition.

Perched proud on a prime lot of seller-owned real estate, the business enjoys a superb location at the crossroads of a busy residential and commercial hub and the gateway access point to a popular outdoor recreation area and vacation destination wonderland. Sales have remained steady throughout the pandemic with limited disruption to the ordinary course of business in 2020 and into 2021. The business has capitalized on versatility of location and strong operational infrastructure to adapt to safety protocols and regulations while pivoting and modifying the business model to maintain sales volumes and profitability. Newly implemented, safety and convenience based contactless engagement methods have been well-received by the customers proving to be reliable, high-margin revenue generators for the business, and will remain a part of operations supplementing the traditional business model moving forward. The restaurant presently offers dine-in, take out, on-line ordering, and delivery. No third-party distribution or delivery platforms are used.

The business operates out of approximately 4,800 square feet of space with indoor/outdoor seating, a pick-up window, and dedicated
customer parking. Multiple recent upgrades including plumbing, electrical, and refrigeration reflect pride of ownership in the facility and have optimized restaurant operations to meet increasing customer demand for the highest volume, and most profitable items on the menu. The kitchen features well-maintained, top of the line equipment including a Type 1 grease hood with a full fire suppression system. Over the last 18 months, ownership has also elected to utilize the shoulder season and short-term pandemic related closures to accommodate several larger scale remodeling projects. The business is fully staffed employing a core crew of approximately 12 seasoned team members, all of whom are expected to remain with company through the transition.

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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.

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