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#966
Washington Central

Real Estate Included Full Service Restaurant, Bar, & Lounge with Option to Buy or Lease

$239,995
Real Estate Included  Full Service Restaurant, Bar, & Lounge with Option to Buy or Lease
This Listing is Expired
This prime piece of commercial real estate is located at the center of a rapidly growing Eastern Washington city. The property includes two equal size lots. The building houses a large bar set up for serving beer, liquor, and wine. The bar area also has a wall with build outs for pull tabs which have created a significant source of revenue in the past. The rest of the building includes a great full service kitchen with industrial sized appliances as well as a lounge and dining area. There is a pool table and dart area separating the bar and the kitchen and lounge. The open floor plan in the lounge and dining area make for a comfortable atmosphere for restaurant patrons. Perfect opportunity for a new owner to build equity while operating one of only a few full service restaurants in town. THIS RESTAURANT HAS BEEN CLOSED SINCE OCTOBER 2007.

Please select the orange button below titled "want name and address" and follow the process in order to obtain that information.

This is not a Paramount Restaurant Broker, Inc. Listing and Paramount Restaurant Brokers, Inc. assumes no liability for this ad or its content. Larry Braden is the listing broker and is licensed in Washington State.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Washington Central

Financials

Last Year's Annual Gross:
$540,000

Operations

Liquor License:
H
# of Full-Time Employees:
6
# of Part-Time Employees:
4
# of Family Employees:
1
Hours Open:
Restaurant has not operated for the last three months
Year Established:
1965
Hood System Type 1:
Yes

Facilities

Indoor Seating:
165
Outdoor Seating:
12
# of Parking Spots:
12
Inside Sq. Ft.:
3,750
Outside Sq. Ft.:
3750
Lot Sq. Ft.:
7500
Total Building Sq. Ft.:

Highlights

  • Lease for Just 10500 Down & 3800 a month!
  • Located on 2 of the busiest streets in Town
  • 3750 sq. ft. Restaurant Bar and Lounge
  • 3750 sq. ft. Parking Lot
  • $ 110,000 Worth of Furniture Fixtures & Kitchen Equipment Included
  • Class H Liquor License Compatible
  • Set up for Pull Tabs that have Generated Considerable Income
  • Pool Table & Dart Area between the Bar & Lounge
  • Rapidly Growing Community
  • Large Office
  • Best Location in Town!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 39,411
Households 5-mi
2010 Number Of Households 15,013
2010 Persons Per Household 2.49
Median House Value $205,900
Income Per Household $46,605
Businesses 5-mi
2009 Number Of Businesses 1,128
2012 Number Of Employees 27,706
2012 Total Annual Payroll $497,581,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.


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