Established Whidbey Island Restaurant and Lounge

$550,000
9098 Property ID

Description

This free-standing Restaurant offers a rare opportunity to acquire a well-established, highly regarded dining destination on scenic Whidbey Island. Known for its warm hospitality, locally inspired menu, and unmatched location, this restaurant attracts both loyal locals and steady tourist traffic year-round.

Location: Desirable Whidbey location – situated with spectacular water and mountain views.

Established Reputation: Celebrated for fresh, locally sourced seafood, regional specialties, and creative seasonal dishes. Strong presence in the community and across online review platforms.

Impeccable Facility: Turnkey operation with a fully equipped commercial kitchen, tasteful dining room, and inviting bar area. No deferred maintenance—ready for seamless ownership transition.

Profitable Business: Diverse revenue streams including dine-in, bar sales, catering, and seasonal specials. Loyal customer base supported by steady tourism flow.

Ambiance: Relaxed, coastal charm with warm, welcoming interiors and expansive windows highlighting panoramic water views.

Outdoor Dining: Spacious patio seating with unobstructed waterfront vistas, perfect for al fresco dining and events.

Versatile Seating: Flexible floorplan accommodates small or large groups comfortably, along with private party options for special occasions.

Limited Owner Involvement: Current ownership maintains limited day-to-day operational participation, providing flexibility for either an active owner-operator or an investor seeking a more passive role.

Opportunity: Step into a thriving, turn-key restaurant in one of Whidbey Island’s most picturesque locations. Ideal for an owner-operator or investor seeking a destination dining business with exceptional growth potential.

Address

  • Address Island County
  • Country United States
Open on Google Maps

Overview

  • Property ID 9098
  • Price $550,000
  • Property Type
  • Revenue $2,362,435
  • Cash Flow $265,944 (after $72,000 owner salary)
  • Size and Seating Premise size is 4,350sf with seating for 150, plus patio seating.
  • Financing Yes
  • Training Yes
  • Established: 1955 (current owner since 2017)
  • Lease Rate: $7,300/mo. includes taxes, insurance and septic maintenance.

Contact

Tom O’Brien

Property Agent

221 S. 28th St Ste 103
253.988.0080
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