NEW! Hot Silverdale Retail - Best Spot Restaurant & Bar! 

$138,000

Silverdale, WA

Business Description

 

Some people buy restaurants for the money, others buy them for the history…this one is all about the history. The seller grew up in the bar business back in Missouri - bright lights, loud bikes and hot babes! So what’s to keep a guy away?  Opened in 2016 locally it has been a huge draw for the locals but unfortunately the seller has fallen ill, so we priced this to sell quick.

 

Everywhere you turn, every nook and cranny screams well-thought-out. Historically this building started out as a local restaurant back in the 70’s, until it sold in the late 90’s to another restaurateur. That changed the concept type food, but still did phenomenally well.


Restaurants have done very well in this main street location which is strategically located across from the

mall at the front of a huge retail center with name brand stores. The lease is gross and in place until 2024, so someone should feel secure. The landlord may even negotiate more terms but not new rent as the rent on this spot for a stand-alone building in Silverdale is phenomenal. I would love to see someone run with this and take it into the next decade.

Oh, I almost forgot to mention the complete basement with private entrance that could easily be used as a catering kitchen - you decide! Take a look, take a gamble, believe in YOU!

For more information please contact us for a NDA and we will get you started!

Detailed Information

 

  • Business Established in 2016

  • Gross Revenue: $557,028

  • Operating Expenses: $555,028

  • Cash Flow: $2,000

  • Inventory value: $15,000

  • Real Estate: Leased 

  • Monthly Rent: $6,580 Gross

  • Building size: 3,700 SF

  • Lease Expiration: January 31, 2024 

  • Employees: 1 Part-time, 5 Full-time

  • Seating Capacity: 102

  • Customer Parking: 200

  • Training: 2 weeks

  • Reason for Selling: Illness forces sale

Contact us to find out more

Each Office Is Independently Owned and Operated.
© 2020 by The Wynn Group 

A division of KW Commercial

11505 Burnham Dr NW, Suite 201

Gig Harbor, WA 98332