19367 7Th AvePoulsbo, WA 98370

Property Details for 19367 7Th Ave

Year built

2008

Lot size

0.84 AC

Property size (Sq ft)

7,370 SF

Zone code

CITY

Property type

Office buildings

APN

142601-3-048-2007

APU

14260130482007

Description

This exceptional business opportunity presents the chance to acquire a thriving Pho and Vietnamese restaurant ideally situated in the vibrant heart of Poulsbo's business district. Priced at $180,000, this turnkey operation includes all necessary furnishings, equipment, and a complete inventory, allowing for immediate commencement of operations. The restaurant's established clientele and proven profitability make this a compelling investment for experienced restaurateurs or ambitious entrepreneurs seeking a ready-made business. No prior restaurant experience is required, but a strong work ethic and business acumen are essential for continued success. The sale includes all existing kitchen equipment, including ovens, ranges, fryers, and refrigeration units, ensuring a smooth transition. Furthermore, the included furnishings encompass all necessary tables, chairs, and dГ©cor, eliminating the need for significant upfront investment in these areas. The inventory of ingredients and supplies is also part of the sale, minimizing initial operating costs. This is a rare opportunity to acquire a well-established and profitable business in a desirable location, offering significant potential for growth and return on investment. The property is located at 19367 7th Avenue NE, Unit 121, Poulsbo, WA. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,987,946

  6.5%

  $1,835,027

  7%

  $1,703,953

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,240,283

  Geo Method

  $1,419,315

• Alternative Use

  Use

  Valuation

  Residential

  $2,275,433

  Hospitality

  $2,084,284

  Educational

  $1,734,100

  Medical

  $1,793,738

  Retail

  $2,697,489

Location Insight

City

Poulsbo

County

Kitsap

State

Washington

Latitude

47.7387

Longitude

-122.641

CBSA code

14740

CBSA name

BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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