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Whidbey Island Restaurant and Bar with Real Estate

Island County, Washington

Asking Price: Gross: Cash Flow:
$2,795,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$75,000 (included in the asking price)

Inventory Value:
$5,000 ( not included in the asking price)

Real Estate:
$0 (included in the asking price)

Business Summary:
Possible Owner Financing - Motivated Seller - Make Offer 2.55 Acres of commercially zoned property located on beautiful Whidby Island. The property is a short 10-minute drive from the Clinton ferry dock with incredible views of Puget Sound and the Cascade Mountains. Currently the property includes a 5,700 sq. foot operational Restaurant & Bar with a huge deck and banquet room and majestic views from the windows throughout the building. In addition, the property includes a 1,500 plus sq. foot manufactured home which can be used as rental, or on-site housing for employees. Leave the property as is or develop it as a hotel or apartment; the choice is yours. This property has many options for the buyer to run with, as there is plenty of space. This has the potential to be a true “trophy” commercial island property.

 
   
   
Year Business was Established: 2019
   
Number of Employees: 5  
   
Facilities / Terms of Lease: Premise size is 5,700 sf. with seating for approximately 150.  
   
Owner willing to finance: Terms available for qualified purchaser.  
   
Owner willing to train: Training to be provided.  
 

 

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