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Listing #2090

Absentee Operated Family Style Restaurant with Proven History and Profit

Price: $225,000
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Absentee Operated Family Style Restaurant with Proven History and Profit Washington Brokers presents you a profitable lunch restaurant. The owner has had this restaurant for 22 years and has done a phenomanel job of running it. If you're looking for an investment that doesn't need any changes and it runs itself and will service the debt with money left over at the end of the day, then you must look at this business.

The restaurant is open Monday through Friday, with a light breakfast and lunch.

Of course if you want more, the options are limitless. Walk in the door and notice how immaculate the restuaurant is maintained. It is very warm, cozy and inviting and comes complete with over 500 specialty made linen napkins. The center bar is 18 feet in length and built fully equipped with power to set up a buffet on. They often host pasta night banquets for some of the local teams.

During the daytime it doubles as a sitting area or a place to just gather and enjoy friends. Or maybe you would like to buy some fresh spices by the pound, how about some candy? The decor is authentic and consistent throughout the restaurant. The restaurant even comes equipped with a washer and dryer.

Most importantly this restaurant has been built by a couple with great care for all the fine details and as a result they have this warm, one of a kind, profit making restaurant.

Go in for lunch, if you can't make it in, drive by, press your nose against the window, call me, I will get you in.

This restaurant has good tax returns available. Ask for them and we'll get them to you if you;re qualified.

This is an Add Value Alliance Inc listing.
This is a Add Value Alliance, Inc. listing.
Founder Lawrence Braden
Sold

General Information
Listing Status: Sold
Price: $225,000
Location: Tacoma ~ Vancouver ~ Olympia
Last Year's Annual Gross: $218,760
Last Year's Owner's Cash Flow: $73,693
Lease Information: Expires Jan 2012 + 5 yr option
Monthly Rent: $1,693
Indoor Seating: 100
Number of Parking Spots: 100
# of Part-Time Employees: 6
# of Full-Time Employees: 1
# of Family Employees: 1
Hours Open: 9 to 4 Monday through Friday
Year Established: 1980
Inside Sq. Ft.: 2800
Hood System Type 1: Yes
Highlights
  • Profit,Profit,Profit,Profit,Profit., in other words "it makes money"

  • 500 plus specialty linen napkins

  • Warm, friendly, inviting , amazing

  • Super location with high volume traffic

  • Only 2 miles from the Capital Steps in Olympia

  • Bus Shopping area and clean presentation of both restaurant and surrounding area

  • Includes Type 1 Hood, Stove, Oven, 3 Kitchen aids, tons of sinks

  • Dinnerware (plates, utensils, glasses)for 100 plus people

  • Monday through Friday operation that has been non owner managed

  • No Saturdays open leaves you the option to cater private parties on that day for extra revenue stream

  • Solid wood tables, two old antique wood stoves included in sale

  • Well organized operation from top to bottom



 

Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that GSRE, LLC dba Charter Business Brokers ("Broker") or its broker (s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the infomation provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.  This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

This is a GSRE, LLC dba "Charter Business Brokers" Listing.



 



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