Restaurant of 27 Years - Original Owner Retiring

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Restaurant of 27 Years! Original Owner Retiring
Asking Price:
$95,000

Gross Revenue:
$313,217
Cash Flow:
$40,351
EBITDA:
$6,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Built in 1991, first and only owner in the door, now after 28 years it is time to retire. You can imagine what transpires in 27 years, they open restaurant, have babies, raise a family, buy a home, have grand babies, now retire and you can too. This restaurant has afforded them many things and they are willing to now surrender the baton to someone else.

As you will see from photos this is in a very busy corner location with a major anchor tenant. The entire market center is full and rarely has any openings. The landlord just added a monument sign to the road and because of the corner location this restaurant has two structure signs, one on each corner, plus the monument. The road is the main road through the city and over 70,000 cars a day drive on it.

The owners will train, they are not in a rush to leave, they want to see the next person that walks through these doors stay another 28 years. Please inquire, sign an NDA and let’s get started on your future.

About the Business

Location:
Bremerton, Washington
Year Established:
1991
Number of Employees:
3 FT & 3 PT
Real Estate:
Leased
Building Sq. Ft.:
3,340
Rent:
$1.57 Per Month
Facilities:
This restaurant has been open for 28 years with just one owner! They nurtured the business to be the successful entity it is today and are ready to step down, retire and let someone else take over. The restaurant boasts 95 seats, with ample parking outside.
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About the Sale

Reason For Selling:
Seller is retiring.
Training/Support:
2 week / 80 Hours

Listing Info

ID:
1588651
Ad Detail Views:
0

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Business Listed by

Mary Keller Wynn

The Wynn Group

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