Seller's Contact Information
- RE: Family Restaurant (Destination Location In Area)
- Contact: Oliver Kotelnikov
Quick Facts
Asking Price: | $1,925,000 | |
Annual Revenue: | $2,700,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $665,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 894635781 | |
Broker Reference #: | ER2022 |
Business Overview:
This business is a successful casual dining establishment in central Washington. The restaurant caters to a diverse customer base consisting of a multi-decade regular clientele, large demographic of year-round visitors, and repeat clients in corporate and institutional sectors. The recession proof business model weathered the pandemic with minimal impact and has seen robust sales and profitability in 2021. Revenues remain strong in 2022 with a record year in the making.
The business is strategically located in a popular college town and regional Pacific Northwest transit and tourism hub experiencing explosive economic growth. The area is in direct proximity to Washington’s premier outdoor recreation wonderland and is a destination for a growing number of annual visitors and adventure travelers attracted by a wide variety of activities offered by the region including fishing, hiking, river rafting, and skiing. The business is scalable and primed for growth. Alternatively, restaurant is a rare opportunity for a knowledgeable owner operator to acquire a highly profitable lifestyle business in a vibrant community.
The restaurant is fully staffed. Ownership is contributing to the labor of the business in an administrative and executive oversight capacity.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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