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Businesses For Sale > Business For Sale in Anacortes, Washington (WA)

Nationally Known Fresh Seafood Café

Anacortes, Washington (WA)

Asking Price: Gross: Cash Flow:
$125,000 $227,693 $53,740

Furniture and Fixtures Value:
$40,000 (included in the asking price)

Inventory Value:
$10,000 (not included in the asking price)

Real Estate:
$350,000 (not included in the asking price)

Business Summary:
This nationally known Fresh Seafood cafe is strategically located on State Route 20, the Hwy to Deception Pass, and has been established since 1973. It is a seasonal business operating from April to September. The building has 1200 sq ft and is set up for take out only. There is a hood and grill, lots of refrigeration, prep area, storage, two serving windows, an iced display case, and room for outside seating. There is no competition in the area - this is a well established nationally known business - that specializes in fresh seafood and prepared seafood to go. The growth potential is unlimited. The current owner is absentee and has treated this business like a hobby and tax shelter. An owner operator could substantially increase the revenues and profits. By adding catering and delivery to the local area and having weekend BBQ's of selected seafood’s this business would boom. With Campbell Lake and other resorts close by and being directly on the Hwy leading to Deception Pass this business is ideally located. A possible addition of a drive thru espresso stand and some covered outdoor picnic seating would enhance the business too. The Seller is willing to sell the land and building for $350,000 or work with a Lease option. This is perfect for the semi - retired couple or Buyer who wants a seasonal business with potential to turn it into a full - time business.

 

   
Year Business was Established: 1973
   
Number of Employees: 1 FT / 1 PT  
   
Facilities / Terms of Lease: This nationally known Fresh Seafood cafe is strategically located on State Route 20 has been established since 1973. It is a seasonal business operating from April to September. The building has 1200 sq ft and is set up for take out only. There is a hood and grill, lots of refrigeration, prep area, storage, two serving windows, an iced display case, and room for outside seating. The Lease is for $1,000 per month or $1,500 per month during April to Sept. and $500 per month plus NNN charges of $250 per month. The Seller will grant a 5 year lease with a 5 year option, or Lease option the property or sell it for $350K.  
   
Potential Growth/Expansion: The growth potential is unlimited. The current owner is absentee and has treated this business like a hobby and tax shelter. An owner operator could substantially increase the revenues and profits. By adding catering and delivery to the local area and having weekend BBQ's of selected seafood’s this business would boom. With Campbell Lake and other resorts close by and being directly on the Hwy leading to Deception Pass this business is ideally located. A possible addition of a drive thru espresso stand and some covered outdoor picnic seating would enhance the business too.  
   
Competition: There is no competition in the area - this is a well established nationally known business - that specializes in fresh seafood and prepared seafood to go.  
   
Owner willing to finance: Cash, Bank financing, lease option, Possible Seller financing for both the real estate and the Business together.  
   
Owner willing to train: The Seller will provide 2 weeks of on site training on the day to day operation of the business, introduction to all vendors and suppliers, and preparation of all food items.  
   
Reason for selling: The Seller is an absentee owner and wants to simplify his life  
   
Seller Reference Number: hfngShrimp
BusinessMart.com Listing Number: 36338
 

 

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Kirk L. Edwards

KR Business Brokers
206.391.7365

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