Large Lynnwood Restaurant and Bar with Pull-tabs

Lynnwood, WA (Snohomish County)

Seller Financing Available
Large Lynnwood Restaurant and Bar with Pull-tabs
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Asking Price: $370,000

Cash Flow: N/A

Gross Revenue: $1,700,000

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Established: 1980

Large Lynnwood Restaurant and Bar with Pull-tabs

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Business Description

Well-known and long-standing Lynnwood mainstay is located on Highway 99 and has been operating as a Bar & Restaurant for well over 30 years. Located near the always busy and well-known car dealership area. This bar and family friendly facility has a fully equipped kitchen that can handle any concept and offers something for everyone. The establishment includes a large bar & game room with many TV’s (including one giant screen for all your favorite sporting events), also known to hosts live music, karaoke, bingo and poker parties. Multiple pool tables and dart boards which bring in leagues and has 20 pull-tab games for your entertainment. There are also 2 banquet/meeting rooms available for your private parties/meetings. Together, you have a place where the action is. The location is currently average’s over $130,000 a month in sales and $15,000 a month in gross pull-tab profits. The owner is ready to retire and highly motivated to sell.

Detailed Information

Employees:
1FTE/24PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Premise size is 10,000 sf with seating capacity for approximately 170.
Financing:
Terms available for qualified purchaser.
Support & Training:
Training to be provided.
Reason for Selling:
Retirement
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Tom O'Brien

Business Listed By:
Tom O{Brien

Pacific Commercial Brokers

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