Legendary Water View Restaurant!

Bremerton, WA
Kitsap County


Asking Price: Annual Revenue:
$230,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Legendary Water View Restaurant! Broker: Mary Wynn
License #: #20112074

Quick Facts

Asking Price: $230,000
Annual Revenue: Not Disclosed
Net Profit: $115,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1966
Employees: Not Disclosed
BBN Listing #: 170363200
Broker Reference #: Not Disclosed

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Business Overview:

1966, 54 years ago, an iconic restaurant opened for business and is still open today, yep, not even COVID-19 has not taken it down. Ironically, profits are up.

The restaurant recipe for success has surpassed many industry standards and keeps on going. This past 6 months we have seen many positive upgrades to the restaurant and there are still tons that can be left to the imagination.

The kitchen has been brought up to complete compliance with the health district by adding multiple hand washing sinks, new dish pit and machine, new refrigerated make station, upgraded pass through, all new soda and beer lines and the addition of a class H license, phew! I believe the secret to success is a stable model that must be tweaked constantly, and that new energy of ideas has been started. If you are interested, please call and let’s sign an NDA!

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Property Features and Assets:

Operating Expenses: $825,000 Net: $115,000 Average Inventory: $17,000 Monthly Base Rent: $6,369 Real Estate: Leased Building SF: 4,146 SF Parking Spots: 26 Employees: 14 FT & 5 PT Reason for Selling: Parental Passing(s)

Reason for Selling:

Parents passing(s)

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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