High Grossing Neighborhood Bar Prime Tacoma Locale
Tacoma, WA Pierce County
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- RE: High Grossing Neighborhood Bar Prime Tacoma Locale
- Contact: Andrew Babcock
Quick Facts
| Asking Price: | $475,000 | |
| Annual Revenue: | $2,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $56,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 24 | |
| BBN Listing #: | 943166 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
For more than 15 years this well-patroned bar has been an iconic Tacoma hangout. This down-to-earth neighborhood eatery and bar has a casual feel with an emphasis on food quality which keeps customers coming back often. Boasting a gross revenue of ~$2M+ in 2023 there is a ton of room to maximize the bottom line. This bar is not just a place to eat, however, margins stay strong with liquor sales composing 50% of gross revenue. Long term NNN lease to be negotiated with new ownership or the real estate is available separately. Take advantage of this rare opportunity to own one of the best bar businesses in the city. Selling due to a change in business interests. Terms available for qualified purchaser.
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Property Features and Assets:
Premise size is 2,900 Square Feet with seating for 80 + outdoor patio.
Additional Details:
- The property is owned.
- 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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