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Bar/Venue For Sale

Port Townsend, WA (Jefferson County)

Seller Financing Available
A view from Water Street of the building.
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Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: $321,895

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,134 /Month

Established: 2012

Bar/Venue For Sale

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Business Description

Port Townsend's Most Popular Music Venue Is For Sale!

Now's your chance to own Cellar Door, the most popular venue for live music in the city and a big hit with tourists as well as locals. With its extensive craft cocktail selection and late-night hours, it is also one of the top bars in Port Townsend. A licensed commercial kitchen is ready for your food service ideas. The business has seen strong growth in sales in its 6 years open, with revenues increasing by nearly 25% in the past two years. Don't miss your shot at one of the best bars in PT!

Detailed Information

Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
5
Facilities:
All fixtures convey; landlord will negotiate a new ten-year lease with Buyers. Buyers receive a discount on their lease if they also take on property management duties for landlord.
Competition:
Cellar Door is the first and best craft cocktail bar in Jefferson County. Located in the heart of downtown PT, it is beloved by tourists and locals alike.
Growth & Expansion:
Fully licensed commercial kitchen ready for all your culinary ideas.
Financing:
50% Down, 5 or less years preferred.
Support & Training:
POS system, drink menu, Sellers will also continue to book music gratis for an extended period after sale.
Reason for Selling:
Sellers want to raise a family.
Business Website:
http://Www.cellardoorpt.com
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Business Location


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Business Listed By:
Paul Rice

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