Turn-key restaurant and bar in Seattle's fast growing neighborhood

Seattle, WA (King County)

Turn-key restaurant and bar in Seattle's fast growing neighborhood

Asking Price:$295,000

Cash Flow:N/A

Gross Revenue:$1,300,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:$24.00

Established:2015

Turn-key restaurant and bar in Seattle's fast growing neighborhood

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Business Description

Great opportunity for a chef or restaurant management team. This unique concept is the only one in a sought after neighborhood. Recently voted best restaurant in it's category! Second years sales are projected at $1.6 million while the owners only work about 15 hours per week!

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,537
Lease Expiration:
9/30/2019
Employees:
25
Facilities:
Only one year new, this restaurant and bar in the Columbia City neighborhood is 2,537 square feet. Rustic decor with a modern esthetic, this restaurant is a must see! 3 years remaining with another 5 year option to renew.
Growth & Expansion:
The current owner is somewhat absentee yet the sales for the first year were $1.3 million. Take it to the next level as an owner/operator in this up and coming neighborhood of the Seattle area, the nations fastest growing city.
Support & Training:
The operation is turn-key.
Reason for Selling:
Other business opportunites

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Susanna Tran

Business Listed By:
Susanna Tran

West Coast Commercial Realty

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