Seller's Contact Information
- RE: Pub Favorite For Community & Weekend Gatherings
- Contact: Oliver Kotelnikov
Quick Facts
Asking Price: | $695,000 | |
Annual Revenue: | $2,950,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $210,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 597735781 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This food & beverage business is a highly successful independently owned and operated pub & restaurant. Strategically located in a high foot traffic area, the restaurant is known for a regionally inspired family dining menu, popular happy hour selections, rotating lineup of original cocktails and local microbrews, and a bustling gameday atmosphere for the Seahawks, Mariners, Sounders, Kraken, Huskies, and Cougars. The business enjoys a tremendous amount of repeat business catering to an established core clientele of neighborhood residents. Walk in and convenience-based customer demographic is a source of significant additional recurring revenue due to location, easy accessibility, and a complementary mix of retail tenants. The establishment is exceptionally well reviewed in the public domain and highly regarded in the community.
The business completed a record year in 2022 exceeding the historical gross revenue threshold by an average of 38%. Staying the course of continued steady growth, the restaurant is fully staffed and prepared to meet the increasing customer demand with a dedicated team of employees including tenured middle management personnel in key leadership and supervisory positions. The business operates out of a modern facility designed with guest comfort and operational efficiencies in mind.
Open for lunch and dinner, the restaurant maintains a busy calendar of events and entertainment while offering flexible seating arrangements to suit the needs of a widely diverse customer base.
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Additional Details:
- The property is Leased.
- 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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