Profitable Absentee Model Restaurant Opportunity

Not Disclosed, WA
Kitsap County

Asking Price: Annual Revenue:
$398,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Absentee Model Restaurant Opportunity Broker: Kris Wilson
License #: 123420

Quick Facts

Asking Price: $398,000
Annual Revenue: Not Disclosed
Net Profit: $155,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 16
BBN Listing #: 471663200
Broker Reference #: Not Disclosed

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Business Overview:

The past 12 months have been challenging for the restaurant industry to say the least. For a restaurant to have not only made it through 2020 but to continue being profitable is an indicator of a solid business. Now that 2021 is almost halfway done they are on track to match the Pre-Covid 2019 numbers, simply amazing. The sellers have spent significant time and resources to make this beautiful restaurant and bar into a staple of the community. Great location, great outdoor space, great profits…REAL profits on the books! Did we mention that this is basically run on an absentee model? That’s about all we can share until you sign an NDA, let’s connect to discuss this fantastic opportunity. - Absentee Run - Seller Financing- $100K down/balance amortized over 15 Years!

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Property Features and Assets:

Seller Financing Available Employees: 12 Full Time & 4 Part Time Gross Sales: $1,340,000 Operating Expenses: $1,185,000 Net Profit: $155,000 Average Inventory: $20,000 Monthly Base Rent: $5,500 Building SF: 4,200 Square Feet

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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