4908 Kitsap Way
Bremerton WA 98311
Listing #: 625452 | Status: Available | Last Modified: 11/9/2021 |
- Phone:(253) 509-0449
- Email:mary@twgcommercial.com
- Office Name:The Wynn Group
- Office Phone:(253) 509-0449
- Office Website:
- Call Listing AgentYes
- Use DiscretionYes
Must contact listing broker for NDA and appointment. Do NOT talk to employees or owners. Selling broker must be present at ALL meetings or a 1% commission will be paid
- Listing Date*4/24/2020 12:00:00 AM
- Last Modified Date11/9/2021 8:50:49 AM
- List Price230000
- Selling Compensation3%
- Lease expirationN/A
- Selling ExclusionsNo
- Monthly Rent6758
- Monthly NNN/CAM
- Equip Rent Mo
- Type/Name of BusLegendary Water View Restaurant!
- Hours of Operation11 am to 9 pm
- Days OpenMonday through Sunday
- Year Established1966
- Leasable SF4146
- # of Parking Available26
- Seating Capacity144
- Living QuartersNo
- Living Quarters Descr
- Annual Gross Income940000
- Operating Expenses825000
- Net Profit115000
- Reason for SaleParental Passing(s)
- Real PropNo
- InventoryNo
- Fix & EquipYes
- Included
- Bus Phone1
- Trade Name1
- Excl ItemsNo
- CBA Flyer
- Building NameSuccessful Italian Restaurant with Water View!
- CategoryFood and Beverage
- Address4908 Kitsap Way
Bremerton, WA 98311 - CountyKitsap
- Vicinity
- Market Area505-Bremerton
- TB Map Grid
- Other Map Page
- Zoning
- Full Time14
- Part Time5
- Data Avail w/OffrYes
- Pft/Loss State #Yrs3
- Balance Sheet
- Schedule C #Yrs3
- YTD Oper StateYes
- All CashYes
- Min Down
- Interest
Legendary Water View Restaurant!
1966, 55 years ago, an iconic restaurant opened for business and is still open today, yep, not even COVID 19 has not taken it down. Ironically, profits are up. The restaurant recipe for success has surpassed many industry standards and keeps on going. This past 6 months we have seen many positive upgrades to the restaurant and there are still tons that can be left to the imagination. The kitchen has been brought up to complete compliance with the health district by adding multiple hand washing sinks, new dish pit and machine, new refrigerated make station ,upgraded pass through, all new soda and beer lines and the addition of a class H license, phew! I believe the secret to success is a stable model that must be tweaked constantly, and that new energy of ideas has been started.
