Landmark Saloon with over 50 years of success

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Excellent Cash Flow
Asking Price:
$1,635,000

Gross Revenue:
$1,462,524
Cash Flow:
$326,664
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$655,000
included in asking price

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Business Description

A firmly established profitable bar/restaurant located in a small, cool, historic mountain town at the foot of the North Cascades. We are a long time Methow Valley landmark and corner icon in the community since the 1960's with just two owners in the past 50 years. Located in a popular tourist destination our casual dining menu and full service bar caters to outdoor enthusiasts, families, and the over 21 crowd. We have a strong history of a loyal local clientele and dedicated long-serving staff members. We are a year round operation, with an exceptionally strong summer tourist season and much potential for continued growth during winter months, due to the surrounding world class ski trails and new outdoor hockey rink. Open 7 days a week, we currently serve both lunch and dinner. We are THE late night gathering spot as the only place in town with both pool table and big screen TV's.

About the Business

Year Established:
1960
Number of Employees:
26
Real Estate:
Owned
Building Sq. Ft.:
5,700
Facilities:
Building, Land, and Business for sale. FF&E included.
Market Outlook/
Competition:
Prime location, location, location. Trademarked logo. Historic reputation. We are the only true bar in town with a Class H liquor license.The Methow Valley is home to the largest trail system in the US and a frequent pitstop for those hiking The Pacific Crest Trail. Snowmobilers love us!
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Owner available for consultancy during transition, time frame negotiable.
Seller Financing:
Seller financing considered for right person

Listing Info

ID:
1412736
Ad Detail Views:
224

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U.S. Census Data for Okanogan County, WA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Okanogan County, WA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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