1373 George Washington Way, Richland, WA

About 1373 George Washington Way

Own your own Business and Real Estate and build your own wealth. For decades the Uptown Bar and Grill (UB&G), located in North Richland’s “Uptown” business district, has been a favorite meeting place for beverages, pull-tabs, delicious burgers and friendly service. The strong traffic flow from George Washington Way (north and south) is a compelling locational feature. McDonalds and Denny's are located one block to the south. UB&G is a high net income business producing a pre-tax net profit in 2024 of $413,000 and $635,000 projected for 2025. This long-standing business is a total “turnkey” opportunity. The business can be purchased separately for $2,000,000 (approximately 2.15 x gross profit and 1.25 x gross revenue; well within comparable statistical parameters). Seller would consider a carry-back contract on the business and rent the building for $4,000/month/absolute NNN to a qualified buyer. The business and building can be purchased together for $2,600,000; If the business only is purchased the buyer cannot purchase the building until the business is paid off. Financials and FF&E information will be provided during the Due Diligence period and only after a confidentiality agreement is executed. The buyer will need to provide a resume and financial statements.

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