Services - Hotels & Other Lodging | Retail - Restaurants

Asking Price	$1,995,000	Inventory	$20,000**
Gross Income	Not Disclosed	Real Estate	$1,600,000*
Cash Flow	Not Disclosed	Year Established	1889
FF&E	$50,000*	Employees	5 ft - 20 pt

* included in the asking price

** not included in the asking price

The business is a 119 year old, 8,300 square feet boutique hotel & waterfront restaurant/saloon. The establishment has received Northwest Best Places & AAA recognition. The hotel has four Victorian style hotel suites featuring private baths, high ceilings and brick walls. The waterfront suites have king beds and one of the suites has a loft. The hotel lobby is grand in design and shows 1880 s craftsman woodworking and d cor. The restaurant/saloon seats 140 individuals and serves a Northwest Continental menu. The first dinning room has railroad car style eating booths with handcrafted hardwoods and period lighting. The main dinning room provides patrons with an excellent water front view through handcrafted windows underneath twenty foot ceilings. Handcrafted French doors lead to a 600 square foot waterfront deck with beach access. A wide staircase leads tourists, local residents, and hotel guests to the lofted 1800 s style saloon with views of the lobby, dinning room and waterfront. Downstairs one level is a potential wine tasting room or private banquet suite with tall ceilings and brick arched walls. This room has its own separate beer/wine license. The kitchen is semi exposition style with a 12 foot class 1 hood. All the equipment has been recently updated. The business has a class H liquor license for the restaurant / saloon as well as a liquor license for off premise catering.The real estate portion of this transaction receives an attractive 10% ROI.

Facilities: The business is approximately 8,300 square feet. The furnishings are high end Victorian. The restaurant equipment is excellent. This 119 year old historic building has wonderful on-street parking.

Financing: Seller will consider financing small portion of transaction.

Support/Training: 80 hours

Reason Selling: Other interests