Seller's Contact Information
- RE: Rural Restaurant With Real Estate
- Contact: Oliver Kotelnikov
Quick Facts
| Asking Price: | $695,000 | |
| Annual Revenue: | $800,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $140,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $425,000 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 383035781 | |
| Broker Reference #: | RRR2021 |
Business Overview:
This business is a landmark family dining establishment in the heart of a vibrant, growing community. Embarking on the fourth decade of excellence and continued entrepreneurial success in the same location, this widely recognized eatery is known for home cooked, locally inspired comfort foods served with a smile in a warm, welcoming family atmosphere. Simple, quality ingredients, all-original recipes, a touch of culinary creativity, and a commitment to daily, scratch preparation of tried and true crowd favorites and delectable, in-house desserts remain at the foundation of success and longevity. Supported by tremendous goodwill in the community, this staple business enjoys a highly diversified customer base. Consistent, predictable business cycle is attributable to a steady flow of regular customers and a dedicated local following. Boosted by the post-pandemic, pent up consumer demand, and the growing serviceable marketplace on the heels of recent residential real estate boom in the area, the business has come out of the gate strong in 2021 posting record sales. The restaurant draws on the densely populated metropolitan areas of Seattle, Snohomish, and Everett, and capitalizes on its strategic location as the gateway to many of Washington’s premier outdoor recreation areas and tourist destinations.
The business operates out of an approximately 2000 square foot, free-standing building located on a prime lot of seller owned real estate. Dedicated customer parking ensures consistent repeat business from the established, regular customer demographic. Prominent street visibility, high traffic counts of the immediately adjacent busy main arterial, and highly favorable online reviews are a source of significant additional revenue in the form of new business generated from walk-in and convenience-based clientele. Easy access is available for service and delivery vehicles. The restaurant is tastefully and intelligently designed with guest comfort and operational efficiencies in mind. Pride of ownership is in every fiber of this establishment, evidenced by meticulously maintained facilities and equipment as well as many recent upgrades. This is a rare opportunity to own a true lifestyle business in a synergistic community, secured by an appreciating commercial property asset in a lucrative, emerging real estate marketplace.
The business is open seven days a week for breakfast, lunch, and dinner. Daily operations are supported by a loyal staff of approximately 15 part and full-time employees with a slight seasonal variance. Ownership presently contributes approximately 1 full time equivalent to the labor of the business.
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Additional Details:
- The property is owned.
- 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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