Turnkey Bar & Grill in Central Tacoma!
Description
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.
Address
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Address Pierce County
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Country United States
Overview
- Property ID 9560
- Price $100,000
- Property Type Business Opportunity
- Revenue $500,000
- Size and Seating ~2,500 SF Occupancy ~99 + Large Outdoor Patio
- Financing Yes
- Training Yes
- Furniture, Fixtures and Equipment $175,000
- Inventory $5,000
- Established: 2020
- Lease Rate: $5,665/mo. plus NNN