Landmark Saloon with over 50 years of success

Winthrop, WA (Okanogan County)

Seller Financing Available
Landmark Saloon with over 50 years of success
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Asking Price: Get Financing: $1,635,000

Cash Flow: $326,664

Gross Revenue: $1,462,524

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $655,000

Established: 1960

Landmark Saloon with over 50 years of success

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Business Description

Excellent Cash Flow

A firmly established profitable bar/restaurant located in a small, cool, historic mountain town at the foot of the North Cascades. We are a long time landmark and corner icon in the community since the 1960's with just two owners in the past 50 years. Located in a popular tourist destination our casual dining menu and full service bar caters to outdoor enthusiasts, families, and the over 21 crowd. We have a strong history of a loyal local clientele and dedicated long-serving staff members. We are a year round operation, with an exceptionally strong summer tourist season and much potential for continued growth during winter months, due to the surrounding world class ski trails and new outdoor hockey rink. Open 7 days a week, we currently serve both lunch and dinner. We are THE late night gathering spot as the only place in town with both pool table and big screen TV's.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
5,700
Employees:
26
Facilities:
Building, Land, and Business for sale. FF&E included.
Competition:
Prime location, location, location. Trademarked logo. Historic reputation. We are the only true bar in town.
Financing:
Seller financing considered for right person
Support & Training:
Owner available for consultancy during transition, time frame negotiable.
Reason for Selling:
Retiring
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Business Listed By:
Not Disclosed

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