Major Price Reduction-Large Lynnwood Restaurant/Ba

Lynnwood, WA
Snohomish County


Asking Price: Annual Revenue:
$295,000 $1,700,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Major Price Reduction-Large Lynnwood Restaurant/Ba Broker: Tom O'Brien
Owner Financing is Available!
Terms available for qualified purchaser.

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 25
BBN Listing #: 989453365
Broker Reference #: Not Disclosed

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Business Overview:

Well-known and long-standing Lynnwood mainstay is located on Highway 99 and has been operating as a Bar & Restaurant for well over 30 years. Located near the always busy and well-known car dealership area. This bar and family friendly facility has a fully equipped kitchen that can handle any concept and offers something for everyone. The establishment includes a large bar & game room with many TV’s (including one giant screen for all your favorite sporting events), also known to hosts live music, karaoke, bingo and poker parties. Multiple pool tables and dart boards which bring in leagues and has 20 pull-tab games for your entertainment. There are also 2 banquet/meeting rooms available for your private parties/meetings. Together, you have a place where the action is. The location is currently average’s over $130,000 a month in sales and $15,000 a month in gross pull-tab profits. The owner is ready to retire and highly motivated to sell.

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Property Features and Assets:

Premise size is 10,000 square feet with seating capacity for approximately 170.

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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