Iconic Water View Italian Restaurant!
54 Years Strong!
$228,000
Bremerton, WA
Business Description
1966, 54 years ago, an iconic restaurant opened
for business and is still open today, yep, not even
COVID-19 has not taken it down. Ironically, profits
are up.
The restaurant recipe for success has
surpassed many industry standards and keeps on going. This past 6 months we have seen many
positive upgrades to the restaurant and there are still tons that can be left to the imagination.
The kitchen has been brought up to complete
compliance with the health district by adding
multiple hand washing sinks, new dish pit and machine, new refrigerated make station, upgraded pass through, all new soda and beer lines and the
addition of a class H license, phew! I believe the secret to success is a stable model that must be tweaked constantly, and that new
energy of ideas has been started.
If you are interested, please call and let’s sign an NDA!
Detailed Information
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Gross Sales: $940,000
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Operating Expenses: $825,000
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Net: $115,000
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Average Inventory: $17,000
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Monthly Base Rent: $6,369
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Real Estate: Leased
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Building SF: 4,146 SF
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Parking Spots: 26
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Employees: 14 FT & 5 PT
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Reason for Selling: Parental Passing(s)