Price Reduced North Seattle Dive Bar

Seattle, WA
King County

Asking Price: Annual Revenue:
$149,000 $500,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Price Reduced North Seattle Dive Bar Broker: Tom O'Brien
Owner Financing is Available!
Terms available for qualified purchaser.

Quick Facts

Asking Price: $149,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 6
BBN Listing #: 203753365
Broker Reference #: Not Disclosed

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Business Overview:

This well know Pub was established in 1999 and is located in a fabulous North Seattle area. Open 7 days a week from 3PM-12 Midnight, seating for 75 (100 occupancy) and 24 parking spaces makes this location an owner operators dream, 21 beers on tap, hard liquor and comfort food made from scratch ensure that the people keep coming back for more and more. The building is 1,600 square feet with an additional large basement, so storage is never a problem. The owner works 2 to 3 shifts a week and seldom more than 32 hours per week total and with 5 part time employees the business operation is clean and simple. The business had sales of $500,000 plus per year prior to Covid and has done $300,000 since reopening in July 2021. The lease runs through May 2024 with a possible 5-year option. This little cash cow is ready for a new owner and priced right.

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Property Features and Assets:

Premise size is 1,600 square feet plus large basement and seating for approximately 75. Includes 24 parking spaces.

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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