Highway Frontage Restaurant w/RE South Sound

Not Disclosed, WA
Mason County


Asking Price: Annual Revenue:
$650,000 $745,500

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highway Frontage Restaurant w/RE South Sound Broker: Wes Martin
Owner Financing is Available!
Seller will consider carrying to assist buyer in obtaining an SBA loan.

Quick Facts

Asking Price: $650,000
Annual Revenue: $745,500
Net Profit: Not Disclosed
Cash Flow: $85,519
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $550,000
Year Established: 2006
Employees: 16
BBN Listing #: 841132903
Broker Reference #: Not Disclosed

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Business Overview:

Operating with amazing exposure along one of the south sound's busiest highways, this restaurant has served the local and tourism markets successfully for decades. In the early 2000's the restaurant was completely remodeled with new kitchen and HVAC equipment as well as a cosmetic facelift. This restaurant has two distinct dining rooms, a banquet meeting area, a full service lounge and a beautiful outdoors beer garden including a Coi pond water feature. Serving American comfort food, this has become a destination diner for the locals and tourists alike. Included with the property is an additional rental building that is leased. The seller doesn't do much marketing and believes that growth can be had by an ambitious buyer, with restaurant experience, being more involved in the community and by offering live music or events to make better use of the banquet room and outdoor beer garden. If you're looking for an excellent opportunity that includes excellent commercial property, then contact us today. Submittal of an NDA is expected.

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Property Features and Assets:

Located on a very busy highway just West of Olympia, this restaurant has amazing exposure. Designed for American comfort food, the main building has distinct dining areas including two dining rooms, banquet meeting room and a full service bar/lounge. There is also a separate rental building that is rented. There is also an outside beer garden with a Coi pond water feature.

Market Competition and Expansion:

There is always competition. The biggest competition is a restaurant a mile away, Others are further out, maybe several miles out. This restaurant has the best exposure in the area, being right on a well traveled highway with easy access to and from the freeway. With a good sized banquet room, full service lounge and a beautiful outdoors beer garden, this business distinguishes themselves among the competition. The business has been operating primarily by word of mouth. Growth and expansion could be had with more community involvement, the local chamber, networking and maybe live entertainment. Make better use of the outdoor beer garden by hosting events.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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