Here is your opportunity to own a well-established, turnkey bar and grill located in one of Tacoma’s most desirable residential neighborhoods and a key commercial business district for the city. Established in 2020, this recently updated business operates from ~2,500 square feet with occupancy for ~99 guests, plus a large outdoor patio with additional room to grow. Gross revenue is projected at ~$500,000 for 2026. A manager is in place along with 1 full-time and 7 part-time employees, providing an established operation for a new owner to step into.
The restaurant features a full liquor, beer and wine license, full kitchen infrastructure including a Type 1 hood vent and large walk-in cooler, and includes ~$175,000 in furniture, fixtures and equipment. Additional upside may exist through further utilization of the large outdoor space and the potential addition of a pull-tab program. The current lease runs through February 1, 2030, with a 5-year renewal option, at base rent of ~$5,665 per month plus NNN of ~$800 per month. Ample street parking in this very walkable neighborhood. Inventory of ~$5,000 is not included in the sale. Training will be provided to assist with a smooth transition, and financing may be available for a qualified purchaser.