Long Est Successful Restaurant & Lounge with RE

$2,450,000
8990 Property ID

Description

Established restaurant and lounge with real property boasting decades of robust sales and profitability.  The fully managed business draws from the high density of surrounding locals and business patrons with its popular American comfort cuisine and excellent service. Revenue is driven by three primary streams: food sales, alcohol sales (beer, wine, liquor), and pull-tab games. The free-standing facility is meticulously maintained with no deferred maintenance and offers ample onsite parking.

Address

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

Overview

  • Property ID 8990
  • Price $2,450,000
  • Property Type ,
  • Revenue $2,124,440
  • Cash Flow $315,759
  • Size and Seating Premise Size is 5,489 sf plus 625 sf rental with seating in Dining 54, Private 50, Lounge 54.
  • Financing Yes
  • Training Yes
  • Furniture, Fixtures and Equipment $200,000
  • Inventory $30,000
  • Established: 1970's

Contact

Tom O’Brien

Property Agent

221 S. 28th St Ste 103
253.988.0080
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