Good Demographic Area, Waterfront Brewery
Not Disclosed, WA King County
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- RE: Good Demographic Area, Waterfront Brewery
- Contact: Sean Dowling
Quick Facts
| Asking Price: | $320,000 | |
| Annual Revenue: | $880,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $85,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1000915 | |
| Broker Reference #: | B2025 |
Business Overview:
Medal Award Winning Craft Beers - Upside Potential with Enhanced Marketing
Founded over a decade ago, this brewery and public house is a profitable turnkey operation situated in a waterfront community in a good demographic area of King County with a proven track record of success. With a population of nearly 6,000 residents and an A+ overall grade on Niche.com the community is ranked as one of the best places to live in Washington State. 63% of residents are homeowners with a median house price of over $1.3M.
Brewing operations include a 7-barrel brewhouse system and 9-unitank fermenters, allowing for a capacity of 1200 barrels per year. Current output of approximately 300 barrels per year provides significant potential for growth without the need for operational expansion. The restaurant has 12 beers on tap with a catalog of over 100 proven recipes including multiple medal recipients from the Best of Craft Beer Awards. Brewery operations are complimented by a full kitchen and bar featuring craft cocktails, as well as growler fills, beverages to go, merchandise, and wholesale through distribution.
The staff of the business consists of nine full & part-time individuals including a general manager and chef along with multiple bartenders and cooks. Current ownership acts as the primary brewer, provides executive oversight and administrative support for the business, but is not involved in day to day store operations.
Ownership owns the building and is prepared to offer a 5-year lease with a 5-year extension to a buyer at an initial rate of $10,000 per month plus triple net charges
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Reason for Selling:
Kindly ask the seller for more information.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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