Turnkey Bar & Grill in Central Tacoma!

$100,000
9560 Property ID

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

  • Address Pierce County
  • Country United States
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Overview

  • Property ID 9560
  • Price $100,000
  • Property Type
  • 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

Contact

Andrew Babcock

Broker

221 S. 28th St Ste 103
425.531.4109
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