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Sell your restaurant business in Washington - Orcas
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The Orcas Hotel
Orcas, Washington

Asking Price

$1,499,000
Real Estate Included

Revenue $1,000,000 / year Lease Rent Contact For Info
Cash Flow $132,000 / year Square Feet 11000
Direct Link www.restaurants-for-sale.com/26227

110 year old hotel with espresso cafe and dinning room. $700,000 food and beverage with an additional $250,000 in rooms sales. We have owned the hotel for 19 years and have raised our kids in a family business. This is the perfect fit for a chef that would enjoy owning their own restaurant. The twelve guests rooms upstairs provide $250,000 to the property, making it much more profitable than a stand alone restaurant. Owners living space in the hotel is possible. Great location with the ferry providing a constant stream of customers. Small nine table restaurant with bar for the creative chef to have fun with food.

General Information

Organization LLC
Year Established 1904
Current Owners 1998
Employees 6 full time, 6 part time
Operating Hours 6AM to 9pm seven days a week
Reason For Sale retiring
   

Facilities

Seating 80 inside, 60 outside
Square Feet 11000
Parking 15 spots
Licenses Property has a Liquor license
   

Financials

Revenue $1,000,000 / year
Cash Flow $132,000 / year
Payroll $300,000 / year
Inventory $17000
FF & E $300000
 
 

Lease

Lease Contact For Info  
Expiration Not Available  
Yearly Adjustment Not Available  
Option Not Available  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash 1400000  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Doug Tidwell
phone: 360-317-5594


 
   

 

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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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