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#5913
Tacoma Restaurants For Sale

High Traffic Location - South Hill Puyallup Bar & Grill

$250,000
Sold
High Traffic Location - South Hill Puyallup Bar & Grill
This Listing is Sold

Well-located, highly visible bar & bistro situated on the going home side of the street along E. Meridian on Puyallup’s South Hill.  This well-appointed bar & bistro features a welcoming, modern ambiance featuring an impressive bar fronting the well-equipped kitchen facility.  The entire facility is impeccably maintained and had no deferred maintenance. The business operation profits from a beneficial mix of commuter traffic, business traffic and massive nearby residential population.  Despite the COVID crisis, this establishment has performed extraordinarily well and will continue to thrive as the COVID hurdles fall.  Turnkey opportunity.

This is a MMJ Group, LTD listing.
Managing Broker Tom O'Brien DRE License #18200

Lease

Region:
Tacoma Restaurants For Sale
Total Monthly Rent:
$5,800

Financials

Last Year's Annual Gross:
$800,000

Operations

Liquor License:
Spirits, Beer, Wine
# of Full-Time Employees:
2
# of Part-Time Employees:
4
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
85
Inside Sq. Ft.:
2,500

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 29,926 40,678 182,142
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 8,699 12,488 59,708
2010 Persons Per Household 3.09 2.97 2.83
Median House Value $220,000 $228,678 $221,574
Income Per Household $70,373 $67,742 $66,062
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 328 512 2,400
2012 Number Of Employees 7,178 11,986 55,030
2012 Total Annual Payroll $111,581,000 $224,427,000 $951,697,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Pacific Commercial Brokers ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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