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#1947
Washington Central

Central Washington RSteakhouse estaurant For Sale

$300,000
Central Washington RSteakhouse estaurant For Sale
This Listing is Expired
Selling Restaurants presents this well established Prime Steakhouse in the Wenatchee area. This restaurants draws from Seattle to Spokane with a demographic of over 200,000. This is a great opportunity that rarely comes up. Seller will provide training for buyer.



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This is a Newman Properties listing.
This is a Larry Braden listing.
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583

Lease

Region:
Washington Central
Lease Term:
Expires 12/31/22
Total Monthly Rent:
$2,500
Security Deposit:
$2,500

Financials

Last Year's Annual Gross:
$750,000
Last Year's Owner's Cash Flow:
$90,000
EBITDA:
$90,000

Operations

Liquor License:
B&W
# of Full-Time Employees:
6
# of Part-Time Employees:
1
# of Family Employees:
2
Hours Open:
5pm-9pm Mon-Sat.
Year Established:
1945
Hood System Type 1:
Yes

Facilities

Indoor Seating:
62
# of Parking Spots:
25
Inside Sq. Ft.:
1,612

Highlights

  • Well-Established Landmark in Central WA
  • 3 Years Tax Returns Reflect Consistent Profits of $90k/Year
  • Draws from Seattle to Spokane with a Demographic of over 200,000
  • This is a Rare Landmark Business Opportunity
  • Seller May Provide Up to 50% Seller Financing to Qualified Buyers

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%

Demographics

Population 3-mi. 5-mi
2014 Total Population 42,577 42,577
Households 3-mi. 5-mi
2010 Number Of Households 15,654 15,860
2010 Persons Per Household 2.58 2.58
Median House Value $225,900 $227,109
Income Per Household $51,176 $51,320
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,373 1,385
2012 Number Of Employees 35,272 35,662
2012 Total Annual Payroll $742,363,000 $746,766,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Larry Braden CA License #01492583 and WA License #18058 ("Broker") or its agent(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 information 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.


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