Opportunity to Own a Legend

Asking Price$320,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$730,000

Inventory$6,000
Included in asking price
FF&E$40,000
Included in asking price
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Opportunity to Own a Legend


Asking Price$320,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$730,000

Inventory$6,000
Included in asking price
FF&E$40,000
Included in asking price

Seller Financing Available
Business Description
This one has it all.........

Tony V’s Garage…….
Yes, that one!!……Tony has created the finest Showroom by night and the funkiest Dive Bar by day north of Seattle and south of the Canadian Border! Established in a smaller venue in 2008, this place grew so big he had to move into its current, larger location (4 times its original size) in 2016.

Boasting 7500 sq feet, 2 separate stage areas designed for the full-on party shows (10-15 piece bands) or the smaller more intimate comedy and acoustic sets. This room does it all. Capacity for up to 400 with countless different seating arrangements depending on the show. The stage, lighting and sound system is complimented by virtually all the performers and their technicians that have played that room. Sound techs find it incredibly easy to fine tune the acoustics perfectly to please their musicians. This room has hosted virtually every genre of music, and the crowds have continued to grow over the years.

Ahhh yes……the Dive Bar by day! The back bar boosts 3 separate pouring stations and better than 20 stools for the legion of locals. 15 plus tables and booths are spread around the room. The main room has 3 big screen TV’s and 2 HD Projector screens for all the sports fans to view their televised sporting events. There are 2 Pool Tables that are always in use! The staff is engaging, efficient and FUN!! Ohhhhh and the BURGERS. Simply put they’re the very best burger in town and the Hand Cut Fries are fantastic! Breakfast on the weekends YES! The kitchen is more than fully equipped to handle any menu changes and additions easily.

This place literally can do it all! Oh and did we mention it is located a mere 2 minute walk from Angel of the Winds Arena?? WHL Hockey, Concerts, Rodeos, National Comedy Acts are literally minutes away. The absolute spot to be before and after all those events. Those nights are always “standing room only”.

This is a very unique opportunity to own one of the most successful bars north of Seattle! Currently licensed full bar and restaurant.

Buyer Qualification: You will need to provide documentation from your Financial Institution validating you have immediate access to the Purchase Amount. If your source of purchase is a Loan, you must provide a Letter of Pre-Qualification. You will not be able to qualify for the Lease without this documentation.

As well, the buyer should have a minimum 5 years in the Live Entertainment, Restaurant and Bar Industry.
About the Business
Years in Operation
17
Employees
6 (4 Full-time, 2 Part-time)
Facilities & Assets
Absolute Turnkey, open and operating daily
Market Outlook / Competition
The nightlife in downtown Everett continues to grow. Tony V's is uniquely positioned because of the brand they have been building since 2008. He has the ONLY Dive Bar by Day and Showroom at night. The facility has easily hosted huge shows attracting 300-400 people
Opportunities for Growth
Lunch foot traffic from the Courthouse and Financial Center is a mere block away. Opening for Lunch is a must! Add Pull Tabs
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,500
Rent
$6,500.00 per month
About the Sale
Seller Motivation
Owner Retiring from the Industry
Transition Support
Owner will provide 30 Transitional Training.
Financing Options
200k down balance due in 6 months after close
Listing Info
ID
2438552
Listing Views
922
Business Location

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Business Listed by: Joel Starr

Listing ID: 2438552 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.