Profitable Neighborhood Pub & Grill Snohomish

Marysville, WA
Snohomish County

Great high traffic location on a turnkey bar

Asking Price: Annual Revenue:
$600,000 $1,099,995

Food & Beverage: Bars, Clubs, Nightspots

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RE: Profitable Neighborhood Pub & Grill Snohomish Broker: David Smith
Owner Financing is Available!
75% down case by case basis

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,099,995
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 10
BBN Listing #: 333851531
Broker Reference #: hoplamary

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Business Overview:

Great high traffic location on a turnkey bar and grill. Does over a million dollars annually in sales. About 30 years at this location and almost 19 years with the current owner. So you know this is making a lot of money and you know there is a long list of loyal repeat customers coming back to this watering hole on a regular basis. The owner created a nice friendly atmosphere; people know each other and welcome newcomers. Square footage is 2,400 and seats about a 100 so there is plenty enough room for most any parties. Even has a party table that seats twenty-two. The lease is also a home run as it well under $5,000 per month even with the triple costs added in. Lots of life left on the current lease and the landlord is willing to go to bat for the new owner and give extended terms on the lease. Does not have a type 1 hood system in the kitchen, but this bar and grill puts out a pretty full menu of food choices and according to all the positive reviews the food served here is top class and not typical bar food at all. Has induction burners, smoker, and convection ovens. Besides the fine food, this bar also offers a wide variety of craft beers. Also has walk-in freezer and refrigerator. This business boasts a full bar with 8 big screen televisions and 2 small screen televisions. So bring on the sports, yes business increases during football season. There are electronic dart boards, karaoke, and other events regularly set up. Owners are good people and worked hard to set this place up as a fun, interesting, energized and very profitable. So new owner just needs to come in and manage the staff or hire a manager to do that, either way, the hard part of building up the business has already been done for you. A quick peek on what is going on here with the sales is about 70% of the sales is alcohol, 20% of sales are food and 10% sales are pull tabs. Absentee owners and other investors welcome. Even on the parking, lots of it, well lighted and easy in and out access from one of the main streets in town. Signage and visibility 5 stars as well. If you are looking for a bar and grill that has proven itself as being profitable year after year after year then this one is worth checking out.

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Property Features and Assets:

The monthly base lease is $3,700 with a Triple Net Cost of $1,000 per month. Current lease expires in 2027 but this business has been here for almost 30 years and the landlord wants to keep it so is willing to extend the lease for a new owner. Seating capacity is about a 100 and size is 2,400 square feet. Full bar, 8 big screen televisions, and 2 small screen televisions. Has walk-in freezer and refrigerator. Does not have a type 1 hood system. Plenty of parking and it is well lighted at night. Signage and visibility are very good.

Market Competition and Expansion:

This business is already established and profitable with very limited competition in the area. But if the new owner wanted to expand upon this setup, he could add a type 1 hood system in the kitchen and expand upon the menu. Currently, little no marketing or advertising is being done so new owner could expand upon this area. This would tie in nicely if kitchen and food menu was expanded. This is a very high traffic area and lots of people to cater to.

Reason for Selling:

Owner wants to pursue other interests

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 a franchise resale opportunity.

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