Business Overview

The hard work is done, this restaurant and brewery is primed for profit. The Sellers spared no expense to renovate this space and create a unique twist to a winning business model. A reworked kitchen, new plumbing, bathrooms, bar and so much more. There are simply too many upgrades to list. With the combination of a brewery and full service restaurant the potential revenue streams are endless. The business has dealt with all of the startup hurdles and has built an amazing customer base. This is not your run of the mill brew-pub, and the response from the community supports that. A new operator can take the reins of a completely turnkey operation that is set up for success. Let’s get an NDA signed so that we can share all of the great details.

HIGHLIGHTS
Ample Parking
Huge Outdoor Space
Unique to Kitsap
New Build Out
Untapped Potential
Stand Alone Building
Seller Financing Available

Financial

  • Asking Price: $325,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $15,000
  • Inventory Included: Yes
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:8,000
  • Lot Size:N/A
  • Total Number of Employees:15
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Restaurant space is 4,500 SF with additional office space and living quarters available.

Is Support & Training Included:

Seller willing to provide hands on training for a smooth transition.

Purpose For Selling:

Seller is relocating

Pros and Cons:

This restaurant offers something unique from the rest of the market.

Opportunities and Growth:

Kitsap County is exploding with new construction. This newly built out restaurant is primed for growth with potential for additional revenue streams.

Additional Info

The venture was founded in 2020, making the business 2 years old.
The deal shall include inventory valued at $15,000, which is included in the requested price.

The business has 15 employees and is located in a building with approx. square footage of 8,000 sq ft.
The property is leased by the company for $12,200 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell companies. Nevertheless, the true factor vs the one they say to you might be 2 completely different things. As an example, they might say "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may just be justifications to try to conceal the reality of transforming demographics, increased competition, current decrease in earnings, or a variety of various other factors. This is why it is very important that you not rely entirely on a seller's word, but instead, utilize the vendor's answer combined with your overall due diligence. This will repaint a more realistic picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover items like inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can suggest that earnings margins are too small. Many organisations fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that should be satisfied or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in new customers? Most times, businesses have repeat clients, which develop the core of their everyday profits. Certain elements such as new competitors sprouting up around the location, road building, and also staff turnover can influence repeat customers and also adversely impact future incomes. One essential thing to consider is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business on a regular basis, the higher the opportunity to build a returning customer base. A last idea is the general location demographics. Is the business located in a densely inhabited city, or is it located on the outside border of town? How might the regional typical family earnings impact future earnings prospects?