Address Not Available By Request

    Mount Vernon, WA 98273
    • $225,000
    • STATUS: Pending
    • ON SITE: 27 days
    • ID#: 1556319
    Under Contract
    $225,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Mccallen & Sons, Inc..

    Description

    This restaurant/brewery has been serving craft beers brewed in-house and a great selection of food made from scratch for over 20 years! Sales have remained consistently over $1.4M for many years as this business has a strong loyal following from the community. There is currently a great staff and management in place and new owner could easily operate on an absentee basis profitably. There are many ways that profitability could be drastically increased.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-02-17T00:14:04.943.

    www.thekendratoddgroup.com/homes/102434685

    Address Not Available By Request Mount Vernon, WA 98273

    • Price: $225,000
    • Status: Pending
    • ID#: 1556319
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Mount Vernon
    County:
    Skagit
    Area:
    Mount Vernon
    Property Description
    This restaurant/brewery has been serving craft beers brewed in-house and a great selection of food made from scratch for over 20 years! Sales have remained consistently over $1.4M for many years as this business has a strong loyal following from the community. There is currently a great staff and management in place and new owner could easily operate on an absentee basis profitably. There are many ways that profitability could be drastically increased.
    Exterior Features

    Building Condition Fair Location Free Standing Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 20

    Property Features

    Annual Expenses 1320000 Annual Gross Sales 1400000 Annual Rent 33876 Bank Owned Yes Business Type Brewery/Restaurant Employees 31 Equipment 0 Equipment Value 80000 Form17 Exempt Franchise N Goodwill Value 0 Home Owner Dues 0 Hours Of Operation 11:00 Am - 8:30 Pm Inventory Value 15000 Lease Terms 3-5 Years Leased Items N Licenses Alcohol Liens Or Mortgages N Major Business Type Food & Beverage Net Proceeds 80000 Possession Closing Real Estate Value 0 Real Property Separate Listing Signage Y Terms Conventional Third Party Approval Required None Year Established 1995 Years Current Owner In Business 20

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-02-17T00:14:04.943.

     
    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Mccallen & Sons, Inc..