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.
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 21,232 | 115,580 | 166,848 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 9,562 | 49,418 | 68,234 |
| 2010 Persons Per Household | 2.20 | 2.19 | 2.28 |
| Median House Value | $269,900 | $268,820 | $253,151 |
| Income Per Household | $58,969 | $52,916 | $52,444 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 455 | 3,090 | 4,543 |
| 2012 Number Of Employees | 8,864 | 89,982 | 134,980 |
| 2012 Total Annual Payroll | $129,349,000 | $2,130,088,000 | $2,939,050,000 |
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.