blocks to the 9 story hospital and Costco

Silverdale, WA
Kitsap County

New 700 homes being built next door


Asking Price: Annual Revenue:
$180,000 $250,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: blocks to the 9 story hospital and Costco Broker: Thomas Lutes
Owner Financing is Available!
Possible Partial.

Quick Facts

Asking Price: $180,000
Annual Revenue: $250,000
Net Profit: $65,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 7
BBN Listing #: 586357006
Broker Reference #: Not Disclosed

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Business Overview:

Perfect Family Business!
The Business: • The business is a regional Mediterranean restaurant located in Silverdale, Washington. • The business serves all of the surrounding areas of Silverdale, Wa. near the shores of Puget Sound. • The business employees the owner and 6-7 part time people. • The business has been established over 25 years. • The restaurant seats 60 people and has a full liquor license. • The company has created a business that exceeds $250,000 in gross revenue.

The Transaction: • The Buyer has the opportunity to purchase the assets of the company and the goodwill and brand established. • The total asking price is $180,000. FF&E value is approx. $30,000 and current inventory is approximately $5.000. • The owner has reached retirement age and wishes to sell the business. • The business currently is managed by the owner. • The owner is willing to assist in a smooth transition including all training required.

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Property Features and Assets:

2,300 square feet beautifully finished.

Market Competition and Expansion:

Minimal

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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