High Volume Fast Food Like Restaurant in Recreation Area

Asking Price$695,000

Cash Flow
$220,000

EBITDA$220,000

Gross Revenue$1,500,000

Inventory$33,000
Not included in asking price
FF&E$120,000
Included in asking price
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High Volume Fast Food Like Restaurant in Recreation Area


Asking Price$695,000

Cash Flow
$220,000

EBITDA$220,000

Gross Revenue$1,500,000

Inventory$33,000
Not included in asking price
FF&E$120,000
Included in asking price
Business Description
The business is a popular and profitable American fast food like restaurant, located in a recreational area on the Olympic Peninsula. The business is not a franchise and is only open 6 days a week. The facility extremely well maintained and it is fully staffed and turn-key. It is on the Olympic Peninsula and adjacent to the highly traveled highway through town with plenty of parking. The area is a great place to live and work with some of the best weather in Washington State. The business owner also owns the real estate and will give great lease terms, including an option to purchase the property.
About the Business
Years in Operation
37
Employees
20
Facilities & Assets
The restaurant is in a stand-alone building with parking spaces for approximately 50 vehicles. The dining area is approximately 1800 square feet and the kitchen area is approximately 1200 square feet. The building also includes a private office and an additional storage area. The restaurant's surroundings are a blend of natural beauty and small-town charm and the area is renown as “the Banana Belt” of Western Washington, because it has more sunny days and less rainfall than most of Western Washington State.
Market Outlook / Competition
There are other restaurants with different concepts spread out over a large area.
Opportunities for Growth
The business is closed one day a week and opening up that day would increase sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,659
Rent
$6,000.00 per month
About the Sale
Seller Motivation
Retiring
Transition Support
Owner will assist with smooth transition
Listing Info
ID
2380152
Listing Views
295

Contact Seller

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Business Listed by: Ron Sterling Keller Williams Business & Commercial

Listing ID: 2380152 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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